# The economics of $60-plus cigarettes

Page: https://stenobird.com/podcast/reuters-econ-world-6911110/the-economics-of-60-plus-cigarettes
Text version: https://stenobird.com/podcast/reuters-econ-world-6911110/the-economics-of-60-plus-cigarettes.md
Podcast: [Reuters Econ World](https://stenobird.com/podcast/reuters-econ-world-6911110)
Published: 2026-04-15T13:41:00+00:00
Episode link: https://pdst.fm/e/traffic.megaphone.fm/THRH4701797097.mp3?updated=1776261972
Audio file: https://pdst.fm/e/traffic.megaphone.fm/THRH4701797097.mp3?updated=1776261972
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JSON: https://stenobird.com/v1/public/podcasts/reuters-econ-world-6911110/episodes/the-economics-of-60-plus-cigarettes
Duration seconds: 2034

## Resource

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

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## Transcript

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