In 1922-23 the Ernest Baynes Stand was erected on the site of the 1885 grandstand. Designed by architect Richard Gailey Jnr and constructed by John Hutchinson, the building had two tiers with a seating capacity of 5000 and a total capacity of 7000. 

It was constructed with a steel frame faced with brick, the larger steel sections being imported from Britain and the smaller sections made in Australia. The foundation stone of the new grandstand was laid by Governor, Sir Matthew Nathan, in November 1922, and the stand was completed in time for the August 1923 Exhibition. 

The sub-floor contained a dining room which could accommodate 600 persons at a sitting, and a row of ten shops facing the lane at the rear of the structure.

In 2010 Hutchies celebrated their 100 year centenary at RNA with the backdrop the Ernest Baynes Stand, attended by then Prime Minster Julia Gillard.