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australia cigarette price 2024 cigarette tax australia 2024 Federal budget 2023: Tobacco tax to increase 15% 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 13.3 How much do tobacco products cost in Australia? Tobacco in Australia If expensive cigarettes are driving the Australian black market, why do so many countries with much cheaper cigarettes have thriving black markets too? Simon Chapman AO

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