Nicotine Surge, Cash Drop, Black Market Boom

Australia’s nicotine consumption is up 40% since 2017, but people are spending less—thanks to a booming black market where 80% of cigarettes now come from illegal sources, staying cheap while legal prices tripled. E-cigarettes and illicit smokes are driving the trend, leaving health officials sounding the alarm and governments scrambling as tobacco tax revenue hits a 14-year low. The debate’s heating up: slash taxes to curb crime or ramp up enforcement? The old tobacco tax model might be toast. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/076fd7e02b5992ce