Rising tobacco taxes ‘will encourage cigarette smuggling’, say Qld experts
Australia is poised to become a more lucrative market for illicit tobacco traders, experts say. A team of researchers from Queensland says smuggling is a comparatively low-risk criminal activity, and that the regular price hikes for legal cigarettes will boost the demand for black market tobacco in Australia. Last August, the Labor government set in motion a series of tobacco tax increases of 12.5 per cent each year for four years, commencing December 2013.
Related Posts
Schaeffler destroys 26 tons of counterfeit rolling bearings
Rolling bearings of various types and sizes are conveyed by the gripper arm of an...
Fake currency notes worth Rs. 57 thousand seized from Railway employee in Jharsuguda dist
Jharsuguda: The Brajrajnagar Police on Tuseday seized counterfeit currency notes...
Black market tobacco now 14.5 per cent of all consumption, Illicit Tobacco in Australia report shows
THE BILLION dollar illicit tobacco black market has hit a record high as...
Rs 1 cr worth of iPhone caught at Hyderabad airport
The officials arrested two passengers to whom the checked-in luggage belonged and...


