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Scoop Coverage: Tobacco Excise Rises

Tax Hike For Smoking Cut: Tobacco Excise Rise - $17 For A Packet Of Fags

Smokers will be paying even more dearly for their habit as the government rushes legislation through Parliament under extraodinary urgency to allow three increases in tobacco excises over the next two years.

The first 10% increase in excise goes into effect immediately, while a second and third increase, each adding a further 10% to the excise component of a packet of cigarettes, will occur in January 2011 and January 2012.

A packet of 20 cigarettes will cost $17 in 2012, base More>>

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