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AAP
AAP
Business
Jacob Shteyman

Crackdown on tobacco research, phoenixing boosts budget

Scrapping tobacco research rebates will help reduce tax payments and improve the budget bottom line. (Dean Lewins/AAP PHOTOS)

Taxpayers will no longer pay millions of dollars a year in rebates for tobacco and gambling research as part of a slate of measures announced by the federal government in its mid-year budget update.

The changes to research and development incentive eligibility are expected to save the budget $10 million per year from July 2025, but those savings will be heavily outweighed by other decisions taken by the government.

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