ILLICIT TOBACCO IS HARMING AUSSIE COMMUNITIES
The Albanese Labor Government has set its sights on retailers and has committed to raising the price of cigarettes every year for at least the next 3 years.
This will further entrench a black market operated by criminals, who don’t care who they sell to and use the funds they make to facilitate further criminal activity, just like what has happened with vaping products.
In this year’s Federal Budget, the Government has announced a 5% per year increase to the tobacco tax rates for the next 3 years, meaning the cost of cigarettes will be increasing too.
Retailers who have always played by the rules will be impacted while criminal black-market dealers will continue to benefit due to the government’s lack of enforcement against illicit tobacco sales.
Sadly, this policy won’t help smokers to quit, instead more will join the growing trend of purchasing illicit tobacco from illegal dealers. This only costs the Australian economy, impacts compliant retailers and ensures profits go into the hands of criminals to conduct more criminal activity.