A tax on sugary drinks would add 15¢ to the price of a 375ml can and 80¢ to a 2 litre bottle, slugging the $4.4 billion industry $520 million a year, a new report says.
Sugary drinks should be hit with the special tax to reduce their role in soaring obesity rates, especially among children, the Grattan Institute report says.
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Ben Potter was a senior writer at The Australian Financial Review.
