Any Melbourne cup events on the 7th that done cost an arm and a leg.... or spots with a tab that we can go and have lunch?
It seems a number of places will be, but the price most likely is more than you may be wanting to spend.
Other than that, I would contact the visitor centre and see if they can help.
In my experience, the best event is held at Palmers Winery Restaurant near Dunsborough which has a big attendance, great atmosphere and huge range of food included.
The visitor centre will be able to help I'm sure as they get information direct from locals.
Ive emailed them. Thnx