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

Australia set out to tax cigarettes into oblivion. Instead, an excise now worth ~83% of a pack's price has spawned a $5.6bn black market more than half of all tobacco sold Tobacco Industry Factoid on Illicit Trade Leading Governments Astray Global Issues Cigarette Tax hike defies economic logic Prosper Australia Why Australia's illegal tobacco and vape trade continues to flourish and what should be done about it Simon Chapman AO Australia's tobacco tax is among the highest in the world and it's about to get higher Smoking The Guardian

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