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The end of Tasmanian government support for the greyhound racing industry would coincide with the end of the current funding deed.

Premier Jeremy Rockliff said on Sunday:

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

He acknowledged the news would be “extremely disappointing” for many in the greyhound industry, but said it had become increasingly clear it didn’t align with community expectations.

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It’s Lisa Cox with you to bring you up to speed as we start the day.

AAP is reporting that the Tasmanian Liberals would phase out funding for greyhound racing by 2029 – effectively ending the sport in the state – in a bid to secure the support of crossbenchers in minority government.

The Tasmanian premier Jeremy Rockliff, who is looking to shore up the support of progressive independents, said the time had come to make a call on the future of greyhound racing in the state.

The deputy prime minister Richard Marles will appear on the ABC’s Insiders this morning, while Anthony Albanese has been meeting his counterpart, Christopher Luxon, in New Zealand.

We will bring you all the latest as it happens.

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Updated at 18.53 EDT