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Tobacco excise is on track to be about $225m below forecast for the fiscal year. Two years ago, politicians and commenters thought reduced-excise on reduced-harm heated tobacco might cost ~$200m over… |
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Parliament has approved the Central Excise Amendment Bill 2025, significantly increasing taxes on tobacco products to maintain overall levies after the GST compensation cess expires. Cigarette excise duty will rise steeply from
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The Federal Government has increased the tobacco excise again. It's set to drive more people to buy illegal products. Industry expert Theo Foukkarre says “it's carnage”. Listen to his full conversation with
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