To ensure you hit the ground running as a TAB Agent, Racing and Wagering WA will coordinate a comprehensive blended learning development program. The program will be a combination of on-line self learning modules, agency familiarisation (practical exposure to TAB operations) and tailored face to face learning.
At the end of the New Agent Development Program, a prospective Agent will be able to perform all duties necessary to efficiently and effectively operate a TAB agency.
The training course is structured over a few weeks, involving self study and online prerequisites. There will be three weeks which will combine online study, agency familiarisation and face to face learning in our specially equipped learning centre designed for the optimum learning experience. .Back to top
As TAB licences are sold on the open market, RWWA has no input into the sale price of TAB licences. RWWA strongly recommends that all applicants seek advice from an independent business valuer to ensure long term satisfaction with the final purchase price paid.
The valuation must depict an accurate representation of the current value of the business and consider both:
RWWA typically works on $25,000 p.a. as the operational cost to run an agency (not including casual wages).Back to top
The TAB retail network is comprised of 'Sole Traders' and '50% Partnerships'.
RWWA, at its own discretion, may allow Agents to own multiple TAB licences in the future.Back to top
Partnerships are reliant on good communication and clear, unified goals. RWWA strongly recommends that all 50% Agents enter into a partnership agreement which generally stipulates items such as:
Yes. For the purposes of operating an agency, partnerships are viewed as a single entity. Accordingly, RWWA requires partnerships to have a joint ABN and bank account in place for financial purposes including weekly settlement.Back to top
This is something that needs to be agreed in your partnership agreement as there are external forces such as pay / pension weeks, Melbourne Cup week etc. that can vary an agency commission payable. Both partners are working together to ensure the success of the business as a whole and as such appropriate sharing of commission and running costs are required.Back to top
For the average agency, there are approximately 100 hours of operational agency hours required per week. This includes: