About the Point of Consumption Tax
On January 1, 2019, the NSW Government started a 10% Point of Consumption (PoC) tax on all bets placed by NSW residents, no matter where the betting company is located.
When the new tax was applied, NSW Treasury announced that they would perform a review of the PoC after 18 months of operation. The review began on the 25 February 2021, considering:
- the PoC tax rate and threshold
- existing wagering tax arrangements
- racing industry funding arrangements implemented at the time of the PoC tax introduction
- impacts on the wagering and racing industries
- any other policy or administrative issues associated with the PoC tax.
The review by NSW Treasury found that the PoC tax successfully closed the gap by capturing online bets. It didn't harm the racing industry or online betting businesses.
You can learn more about our findings and read the Review of the Point of Consumption Tax final report (PDF 283.17KB).
Consultation and public submissions
The consultation paper (PDF 254.45KB) formed the first step in the review process. The following submissions were made to the review:
- bet365
- Betfair
- Greyhound Racing NSW (PDF 969.49KB)
- Harness Racing NSW (PDF 274.85KB)
- Racing NSW
- Responsible Wagering Australia (RWA)
- Tabcorp
- The Coalition of Major Professional & Participation Sports (COMPPS) (PDF 321.14KB)
- The National Rugby League (NRL).
Point of Consumption Tax Discussion Paper
In 2018, before introducing the Point of Consumption tax, the government released a discussion paper and held a public consultation.
You can download the discussion paper (PDF 521KB).
Contact NSW Treasury
For general or media enquiries, complete our online form or visit our Contact us page.
- Address: 52 Martin Place, Sydney, NSW 2000 (Enter via 127 Phillip Street)
- Post: GPO Box 5469, Sydney, NSW 2001