PM Tony Abbott's dad says 'Tony is the world's worst tipster' when it comes to horse racing. Source: AAP
PRIME Minister Tony Abbott may know about politics but he's not so good when it comes to horse racing - just ask his dad.
"Tony would be the worst tipster in the world on racing," Dick Abbott said of his son during a short break from their lunch outing at Royal Randwick on Saturday.
Mr Abbott and his wife Margie had accompanied Mr Abbott's parents to day two of the rich new Championships carnival at Randwick.
The prime minister was in an upbeat mood, saying his day had started well with a 55km bike ride.
"And now I can I guess eat and drink to my heart's content this afternoon," he said.
Mr Abbott was not answering questions about a week of highs and lows that saw him welcome the Duke and Duchess of Cambridge, William and Kate, to Australia on the same day his NSW Liberal colleague Barry O'Farrell resigned as state premier in sensational circumstances.
"I guess this is a week of sad endings and happy beginnings," Mr Abbott said.
The one tip staunch monarchist Mr Abbott was prepared to volunteer was for Carlton House, a horse owned by Queen Elizabeth and trained by Gai Waterhouse.
"I guess it couldn't have a better owner and you couldn't have a better trainer," the prime minister said.
He wasn't doing his own betting, however.
"I've sought advice and I've given $50 to my racing investment adviser and I've asked him to try to make sure he comes back with more than $50," Mr Abbott said, not revealing who that adviser might be.
Mr Abbott was filling in for the visiting royals, who were unable to attend Randwick for the presentation to the winner of the $4 million Queen Elizabeth Stakes on Saturday afternoon.
The outing was also a belated 90th birthday treat for Mr Abbott senior.
The prime ministerial party dined in the Directors' Room in Randwick's new grandstand as guests of Racing NSW with broadcaster Alan Jones and former News Limited boss John Hartigan at their table.
On the menu were starters of king prawns, rock oysters and Alaskan king crab while the main course was a choice of veal fillet and rock lobster medallions or poached pink snapper fillet with gingered kumera.
Dick and Mr Abbott's mother Fay are keen racegoers and have been members at Randwick for 35 years.
"I first came to the Randwick track in the 1960s when I was a kid," Mr Abbott said.
"Visits have been few and far between since then."
The PM said it was "nice to be able to give something back to your parents".
Fay Abbott said she favoured It's a Dundeel.
"I think it might be a quinella race - the Queen's horse Carlton House and It's a Dundeel," she said.
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