Coalition plans 80 per cent tobacco tax cut to undercut black market

Opposition Leader Angus Taylor proposes cutting the tobacco excise by 80 per cent to bring legal cigarette prices below black market rates.

Why it mattersIllicit tobacco fuels billions in organised crime proceeds and costs the federal government tax revenue.

AustraliaIf adopted, the policy could reduce black market tobacco sales that feed crime syndicates operating across Australian cities, particularly Sydney and Melbourne.

✓ Claims checked against the source and corrected before publish. checked 4 d ago