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The Latest Breaking News from Tobacco

Albanese government to raise tobacco tax by 5% a year to make smoking ‘more unattractive’

Health minister announces new tax measures shortly after revealing sweeping reforms to crack down on vaping

The Guardian - AU

Tobacco tax hiked to stamp out vaping and smoking

Revenue from a federal budget hike in tobacco taxes will go towards programs to reduce smoking rates and vaping.

The New Daily

Australia to ban recreational vaping in e-cigarette crackdown

Australia said on Tuesday it will ban recreational vaping and tighten other aspects of e-cigarette laws in the biggest crackdown on the tobacco industry in more than a decade to try to stop an alarming rise in teenage vaping.

Reuters

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Vapes to be banned for recreational use, 'pharmaceutical' packaging to be required under crackdown

Health Minister Mark Butler is addressing the National Press Club, where he is detailing a ban on the sale of all disposable vapes, strict new controls on prescription products, and reforms to Medicare.

ABC News

Central bank decision a ‘wake-up call’, opposition say – as it happened

This blog is now closed.

The Guardian - AU

Australia to ban non-prescription vapes in biggest smoking reforms in a decade

Quality standards to be introduced on products to tackle youth vaping, including restricting flavours, colours and other ingredients

The Guardian - AU

British American Tobacco fined for North Korea sanctions breaches

The world’s second-largest tobacco company has agreed to pay $635m (£510m) in fines plus interest after a subsidiary admitted violating sanctions by selling cigarettes to North Korea.

The Week

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Premier League’s front-of-shirt gambling ad ban is a flawed approach. Australia should learn from it

“Excellent decision.”

The Conversation

Vapes aren’t 95 per cent less harmful than cigarettes, that myth needs to die

We must debunk the myth that vaping e-cigarettes is 95% less harmful than tobacco cigarettes often and with factual evidence.

The New Daily

No, vapes aren't 95% less harmful than cigarettes. Here's how this decade-old myth took off

It’s 2013. The Harlem Shake is on the radio and e-cigarettes are becoming a thing. A group of researchers convene to discuss these and other products containing nicotine.

The Conversation

British American Tobacco fined $635 million for violating sanctions on North Korea

British American Tobacco (BAT) has been fined $635 million for breaching sanctions on North Korea. The British multinational, a leader in the sale of tobacco products, will pay the record sum to US authorities. BAT's Singapore subsidiary admitted to selling cigarettes to North Korea over a decade between 2007 and…

France 24

A tobacco giant will pay $629 million for violating U.S. sanctions against North Korea

British American Tobacco, one of the largest tobacco companies in the world, agreed to settle allegations that it did illegal business with Pyongyang in violation of U.S. sanctions.

WEKU

Tobacco company settles with US over business in North Korea

The Justice Department says a British tobacco company has agreed to a $629 million settlement to resolve allegations that it did illegal business with North Korea in violation of U.S. sanctions

The Independent UK

SC stays HC’s decision to quash ban on gutkha, other tobacco items

SC stays Madras High Court’s decision to quash a 2018 notification banning gutkha and other tobacco products in Tamil Nadu.

The Hindu

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The Conversation

Researchers discover 18th-century clay tobacco pipes were used as weapons and surgical tools

Tobacco pipes were one of the first mass-produced, disposable objects in Britain. Through contact with indigenous peoples of the Americas, tobacco pipes and tobacco were introduced to Europe as early as the 16th century, but had been used in the Americas for centuries before this.

Reason

New York Governor Gauging Support for Full Ban on All Cigarette Sales

Kathy Hochul isn't just waging a war on menthols. She's also floating a ban on all cigarette sales in the state.

StockNews.com

Get Rid of This Tabacco Stock BEFORE the Week Ends

Greenlane Holdings (GNLN) has delivered a poor performance over the past year, greatly dismaying investors. Moreover, the company is struggling with expanding losses. While a return to profitability appears uncertain, let’s look at some of its metrics to understand why it is best to steer clear of GNLN.

WEKU

Kentucky to receive $118 million this year from 1998 tobacco settlement

Kentucky will receive more than 118 million dollars this year from the tobacco master settlement agreement negotiated 25 years ago. Christopher Thacker, an assistant deputy attorney general with the Attorney General’s Office, said the funds are doing some good.

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Birmingham Post

British American Tobacco director joins THG board

She succeeds Damian Sanders, who was recently named THG's chief financial officer

Salon

Biden quiet on opioid settlements

Biden's administration promised that opioid settlement funds would go towards tackling the addiction crisis

Daily Mirror

Tobacco firm's report to trading standards officers sparks 'vape war'

British American Tobacco reported China's Elfbar, alleging that they had sold vapes with more nicotine liquid than is permitted, with anti-smoking groups accusing BAT of starting a 'vape war'

ABC News

Increasing tobacco tax and vape restrictions will further grow black market, criminologist warns

As the black market nicotine industry booms, a criminologist warns restricting supply of tobacco and vapes could do more harm than good.

Barchart

Tighten Your Seatbelts! A Rate Hike Might Be Coming in May

3 Highest yielding dividend kings investors are scooping up today.

WEKU

Biden promised a watchdog for opioid settlement billions, but feds are quiet so far

Billions of dollars are headed to state and local governments to address the opioid crisis. If the federal government fails to oversee how the money is spent, advocates worry it will be wasted.

The Conversation

Lobbying regulations are vital to any well functioning democracy – it's time NZ got some

The recently announced review of New Zealand’s lobbying sector needs to tackle questions of transparency and access if it is to make any real difference to how industries influence decision making. This includes establishing an enforceable register of lobbyists and introducing a cooling off period for former politicians before they…

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