Minister Howlett said Labor's claim the industry could be financially viable without government funding after 2029 ignores the core issue.
"This isn't about whether greyhound racing can make a profit - it's about whether it meets modern animal welfare standards and community expectations," the Minister said.
The Government has set a clear pathway to phase out greyhound racing by 2029, including a defined end date, strong welfare protections during transition, and support for industry participants.
In contrast, Labor would end funding but allow the industry to continue indefinitely.
"Labor expects participants to rely on uncertain claims about future viability, with no clear plan if it doesn't stack up," the Minister said.
"If an industry is forced to survive purely on profit, there's a real risk to animal welfare standards.
"The Government is delivering a clear, managed transition that protects animal and participant welfare and supports those in the industry through fair compensation.
"Labor's approach would leave the industry drifting, with no certainty and no safeguards."