tobacco taxation australia taxes drop to nine-year low as black-market ciggies boom 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. Raising cigarette taxes and tobacco wars have created a 'serious' budget problem. What can Labor do about it? Australian budget 2025 The Guardian 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 Latest estimates and findings for the tobacco tax gap Australian Taxation Office
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