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Illicit Tobacco Market Booms in Australia

Illicit Tobacco Market Booms in Australia

Published 6 days, 14 hours ago
Description

Australias illegal tobacco market surges, threatening legitimate businesses and government revenue. High taxes on legal cigarettes drive consumers to black market alternatives, costing the government billions in lost excise tax revenue. Small businesses struggle, with some even considering closing due to the economic strain. Australia Post reportedly involved in illegal tobacco distribution, adding to the complexity of the issue.

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