Episode

The economics of $60-plus cigarettes

Podcast
Reuters Econ World
Published
Apr 15, 2026
Duration seconds
2034
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https://pdst.fm/e/traffic.megaphone.fm/THRH4701797097.mp3?updated=1776261972
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/v1/public/podcasts/reuters-econ-world-6911110/episodes/the-economics-of-60-plus-cigarettes
Markdown
/podcast/reuters-econ-world-6911110/the-economics-of-60-plus-cigarettes.md

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Summary

Australia's sky‑high cigarette taxes have slashed smoking rates - but they have also helped fuel a booming black market for illicit tobacco. Host Carmel Crimmins speaks with Assistant Customs Minister Julian Hill and economist Lachlan Vass on whether Australia’s tobacco excise has overshot its mark - economically and politically. Sign up for the ⁠⁠⁠Reuters Econ World ⁠⁠⁠newsletter⁠⁠⁠⁠⁠ Catch Reuters Morning Bid ⁠⁠⁠here⁠⁠⁠ Produced by Eliza Davis Beard Sound engineering and music by Josh Sommer Visit the ⁠Thomson Reuters Privacy Statement⁠ for information on our privacy and data protection practices. Further listening Trade and Australia Tax Learn more about your ad choices. Visit megaphone.fm/adchoices