The economics of $60-plus cigarettes | Econ World

Cătălin Roșioru

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. #news #Reuters #Newsfeed Read the story here: 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow

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