australian cigarette tax TOBACCO TAXES DROP TO NINE-YEAR LOW AS BLACK-MARKET CIGGIES BOOM We pushed the tobacco excise

We pushed the tobacco excise up and up, and what did we get? A Laffer Curve mostly not because smokers stopped smoking, but because it pushed them into the arms of criminal Australia set out to tax cigarettes into oblivion. Instead, an excise now worth ~83% of a pack's price has spawned a $5.6bn black market more than half of all tobacco sold Australia's tobacco tax is among the highest in the world and it's about to get higher Smoking The Guardian 13.6 What tobacco taxes apply in Australia? Tobacco in Australia

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