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In #Budget2023, changes to the Petroleum Resource Rent Tax (PRRT) will raise less revenue ($2.4b) than the increase in the tobacco tax ($3.3b). At a time of soaring gas prices, Australians continue
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Cigarette prices in Australia, already the world's highest, will rise nearly 7% on Monday due to a scheduled tobacco excise increase. The hike comes as critics argue that soaring prices have fueled
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Australia's strategy of using high excise taxes to deter smoking has led to a heated debate over the unintended growth of the "chop-chop" or illicit tobacco market. Proponents of high pricing argue
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Excise Tariff Amendment (Tobacco) Bill 2024 [and] Customs Tariff Amendment ( Tobacco) Bill 2024 – Parliament of Australia
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Treasury acknowledges that less is more with tobacco taxes
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Is the government rolling in smokers' cash?
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