He can stay permanently in Victoria where his earning opportunities are far greater.

Or he can return to the North West Coast where he would prefer to raise his four young sons.

He remains undecided.

"I'm getting asked that question five times a day," he said with a laugh.

"At the moment I'm just taking it as it comes.

"I'm booked here (in Victoria) to June 1 so I'll just weigh it out and see how I go.

"I've got a lot of thinking to do."

Newitt has faced the same decision once before and, in September 2017, he chose to turn his back on a lucrative 15-year career in Melbourne and return home.

Since then, he's made regular flying visits to the mainland to ride but has been happy living in Tasmania where he had 99 wins last season and is on his way to a third straight premiership.

However after Tasmanian racing was shut down on April 2, and with no sign of a quick restart, he bit the bullet and moved his family back to Victoria.

It was meant to be a quick and temporary fix but now he's not so sure.

The second time around, his choice between remaining in Victoria or returning to Tasmania is even tougher.

A successful run in the past three weeks has been a stark reminder of just how much more money he can make interstate.

And, he also has to factor in his strong belief that Tasmanian racing is facing tough times.

By the time racing resumes on June 13, it will have been shut down for 10 weeks and lost about $2.5 million in betting revenue.

"There will be only one meeting a week for a long time and I'd say they'll have to cut stakes - they'll just have to, I can't see them not," he said.

"Maybe they can take some money off the better races and leave the ordinary races alone but it's going to be a tough period.

"They might have to have one season with just a plain carnival or something."

Newitt said it would be "too hard" to live in Tasmania and continue riding in Victoria several times a week.

"It would be a lot easier to live here (in Victoria) and go there once a week," Newitt said.

"But I've also got four children ... and they're my main priority.

"At the moment I'm only here so I can make a quid while I can't do it back home."

Newitt has won 10 races since he resumed riding in Victoria on May 1 and been paid for almost 90 rides.

Jockeys get five per cent of the stakemoney won by their mounts on top of the standard $211-per-race riding fee.

He had rides at Ballarat on Wednesday and will be at Seymour on Thursday, Cranbourne on Friday and Flemington on Saturday.