I forgot to mention something.
When you consider that around 85% of the annual foal crop here in Australia are also raced by the person/persons that bred them, the NSW Breeders Bonus system is, in effect, a quazi owners bonus system making it a rather welcome double-edged sword.
Essentially, the first win at 2yrs and again at 3yrs could be worth 10k each time to the owner/s, who in 85% of cases will also be the breeder/s. That is going to make a real difference.