cigarette tax australia Hikes Amid Black Market Concerns The rise in black market

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 World's priciest smokes and the black market is cashing in on the government's tobacco tax failure. Tobacco Industry Factoid on Illicit Trade Leading Governments Astray Global Issues Australia's sin taxes have gone too far MacroBusiness Australia developed the strictest tobacco taxes and restrictions in the world. Years on, it's backfired horribly. : r videos

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