you are correct.
however i can see where they are coming from , if they slow down imports perhaps more people will support the australian breeding industry as well as it partially funding this new scheme. i think 5k is too much though because it basically takes out the bottom end of the market and there is definitely a market for people wanting to buy a cheap up and running horse and the aussies are not sellers so this will be an issue.
a mix of an increased import fee , imported stallion owners contributions and owner breeder contributions would seem like a more logical way forward.