Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
World

Australian Black Market Tobacco Sparks Firebombings, Budget Hole

A packet of 25 cigarettes can cost Aus$50 or more -- including Aus$1.40 in tax on each stick (Credit: AFP)

Sky-high tobacco prices in Australia have created a lucrative black market, analysts say, sparking a violent "tobacco war" and syphoning away billions in potential tax revenue.

Faced with a pack of 25 cigarettes costing up to Aus$50 (US$32) or more -- including Aus$1.40 in tax on each stick -- many smokers have instead turned to readily available illicit tobacco.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.