Blogotariat

Oz Blog News Commentary

Illegal tobacco boom the hallmark of taxation policy failure

December 8, 2025 - 12:00 -- Admin

Australia has seen a major decline in revenue from tobacco excise in recent years, attributed to increases in excise. A legal packet of cigarettes now costs about $50 (of which $34 is tax and excise), compared to a cost of around $15 for illegal cigarettes, which are readily available. The growth in illegal cigarettes has

The post Illegal tobacco boom the hallmark of taxation policy failure appeared first on MacroBusiness.