The Financial News

The Financial News

Australia’s cigarette tax rises fuel black market trade | FT #shorts


Australian cigarettes are now the most expensive in the world as the country has tried to tax smoking into extinction. But has its war on nicotine backfired?

The FT’s Nic Fildes examines how the policy has helped fuel a vast black market controlled by organised crime.

#cigarettes #cigars #australia #australiatax #organisedcrime #nicotineaddiction
#shorts #shortsvideo #shortfeed #shortsviral #shortsyoutube #shortsvideos

Produced by Paolo Pascual.

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