The economics of $60-plus cigarettes | Econ World #Reuters

The economics of $60-plus cigarettes | Econ World
Australia’s sky‑high cigarette taxes have slashed smoking rates – but they have also helped fuel a booming black market for illicit tobacco. Host Carmel Crimmins speaks with Assistant Customs Minister Julian Hill and economist Lachlan Vass on whether Australia’s tobacco excise has overshot its mark – economically and politically.

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