“I’m concerned about the future of the industry and continue to be concerned about animal welfare,” Rockliff said.

“It’s time to draw a line in the sand and ensure an orderly exit from greyhound racing in Tasmania.”

The Tasmanian government said it would cut public funding by June 30, 2029.

It will be the second jurisdiction in Australia – and the first state – to cut government funding for greyhound racing after the ACT banned it in 2018.

Rockliff acknowledged the announcement would make some industry members “extremely disappointed” but said the decision was made as greyhound racing no longer aligns with community values.

“As we deliver a measured and sensible phase-out of greyhound racing, I want to be crystal clear on my support for the broader racing industry, its participants, and our regional communities,” he said.

“I know there are many participants in the industry who care deeply for their animals who will be extremely disappointed by this policy decision.

“But the reality is the greyhound industry is at the crossroads, is in decline and it is increasingly clear it does not align with community expectations.”

A parliamentary committee will oversee the transition until 2029.

Greyhound racing in Tasmania is almost 100 per cent dependent on state funding, according to the Australian Financial Review.

It was reported the state was spending more than twice the national average to keep the greyhound racing industry afloat, with $7.5 million in funding alone in 2024-25.

Animal advocacy groups have called for a national ban on greyhound racing in Australia.