cigarette tax australia 13.6 What tobacco taxes apply in Australia? 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 Latest estimates and findings for the tobacco tax gap Australian Taxation Office 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 Calls coming for a tobacco tax cut 9 News Australia World's priciest smokes and the black market is cashing in on the government's tobacco tax failure.

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