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We need to tax gas companies properly so the Australian people get a fair share of our resources. Beer, spirits, and tobacco tax all raise more revenue than the Petroleum Resources Rent
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13.6 What tobacco taxes apply in Australia?
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Australia: Cigarette Market
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Household tobacco expenditure and associated characteristics during substantial regular tobacco tax increases: analysis from a nationally representative longitudinal study in Australia from 2006 to 2022
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In #Budget2023, changes to the Petroleum Resource Rent Tax (PRRT) will raise less revenue ($2.4b) than the increase in the tobacco tax ($3.3b). At a time of soaring gas prices, Australians continue
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Tobacco taxes drop to nine-year low as black-market ciggies boom
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💰 Is Australia taxing cigarettes too much? Economists and policymakers debate whether excise hikes have gone too far on this week's Reuters Econ World podcast https://reut.rs/4mxkDlV
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