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Department of Premier and Cabinet

The Anzac Day Trust

The Anzac Day Trust was established in 1970 following an agreement between the Returned Services League (RSL), horse racing authorities and the State Government to allow horse racing and other sporting events to be held after midday on Anzac Day.

In exchange for allowing sporting events on Anzac Day, the RSL negotiated that a portion of the profits from those race meetings should be provided to a fund, administrated by the Trust, to assist ex-service personnel and their dependents.

When it was established, the Trust was to receive an amount equal to half the net profits of race meetings held on Anzac Day. However, it was very rare that Anzac Day race meetings resulted in a net profit, which led to a change in the legislation in 1981 to allow a payment in lieu of the sum derived from race meetings.

Following discussions between the Tasmanian Government, the Board and relevant stakeholders the Trust was wound up effective 17 November 2020.

The Tasmanian Government has continued its commitment to support the welfare of veterans and ex-service personnel, their widows and/or dependent wives and children by making direct payments to both Legacy Hobart and Legacy Launceston.

Anzac Day Trust Fund Annual Reports

For further information please contact Community Partnerships and Priorities on 1800 204 224.