Convenience stores welcome Coalition plan to slash tobacco excise by 80%
The Coalition is reportedly putting forward plans to reduce the ‘sin tax’ by 80%, while ramping up enforcement against shadow market dealers.
Australia’s convenience store lobby has welcomed plans to slash the tobacco excise by as much as 80%, saying the reduction would obstruct organised crime while supporting the small businesses still selling legal cigarettes.
The Coalition is reportedly putting forward plans to reduce the ‘sin tax’ by 80%, while ramping up enforcement against black market dealers.
News of that policy comes days after One Nation proposed cutting the excise by 75%, while freezing indexation for three years, which it said would reduce the cost of a 30-pack by roughly $22.
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