australian cigarette tax Tobacco taxes drop to nine-year low as black-market ciggies boom New estimate says 80% of

New estimate says 80% of tobacco Australians consume is from the black market Australia developed the strictest tobacco taxes and restrictions in the world. Years on, it's backfired horribly. : r videos Tobacco Price Hikes, Black Market Trade Explained For Non Smokers HuffPost News The rise in black market tobacco 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 Raising cigarette taxes and tobacco wars have created a 'serious' budget problem. What can Labor do about it? Australian budget 2025 The Guardian 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

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