If you thought the excise taxes here are bad, well it's about to get a lot more expensive to smoke in Australia.
Cigarette taxes will jump by a hefty 13.7 per cent on Monday, the second of four outsized increases in as many years.
The excise on a pack of 20 will climb from $8.13 to $9.25, an increase of $1.12. The excise on apack of 40 will climb from $16.26 to $18.51.
If fully passed on, it will push the price of a packet of 40 above $30 and push the price of some packets of 20 above $20. The increase means the price of cigarettes for casual smokers will approach $1 a stick.
A dollar to light up: smokers brace for another jump in tobacco exciseThe excise on a pack of 20 will climb from $8.13 to $9.25, an increase of $1.12. The excise on apack of 40 will climb from $16.26 to $18.51.
If fully passed on, it will push the price of a packet of 40 above $30 and push the price of some packets of 20 above $20. The increase means the price of cigarettes for casual smokers will approach $1 a stick.