tobacco tax australia TAXES DROP TO NINE-YEAR LOW AS BLACK-MARKET CIGGIES BOOM The Australian government has spent

The Australian government has spent the last decade introducing steep tax hikes to curb smoking, and, as a result, the country has the most expensive cigarettes in the world. The average price 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 Cigarette prices are displayed at a convenience store on August 1, News Photo Getty Images Treasury considering changes to Australia's contentious tobacco excise, as calls grow for a freeze Tobacco industry The Guardian Latest estimates and findings for the tobacco tax gap Australian Taxation Office

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