tobacco taxation australia The rise in black market and cigarette sales has seen a large hit to the federal budget, costing the Commonwealth $6.7 billion in lost revenue annually. Tax increases have lifted the Taxing tobacco has played a

Taxing tobacco has played a huge role in Australia's declining smoking rates. But it's also led to a flood of illegal cigarettes entering the market, often costing $20 or less a pack. High taxes and $40 packs of cigarettes has driven a thriving tobacco black market in Australia. Read more: https: reason.pub 4dSvCUr Australia's sin taxes have gone too far MacroBusiness The Question Australia Refuses to Ask: Why Is New Zealand Succeeding?

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