WealthTaxTobaccoPrint articleOpinionAustralia’s $10b tobacco mistake that’s helping criminals thriveUnless and until we pair our tobacco taxes with matchingly strong enforcement, we’ll keep failing to fight illegal tobacco and cut smoking rates.Chris RichardsonEconomistFeb 3, 2025 – 12.18pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginIt takes a special talent to lose $10 billion a year.Worse still is if you can do that while creating an enormously profitable industry for organised crime, with the cherry on top of hurting the health of hundreds of thousands of Australians.Loading...Chris Richardson is an independent economist.SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreTobaccoOpinionSmoking & vapingLatest In TaxFetching latest articlesMost Viewed In WealthThe Australian Financial Review MagazineThe top whisky you can buy without going on a waiting listMax AllenThe luxury travel trend you probably haven’t consideredThe restaurant that’s turning back the clock (in the best way)BOSS Financial Review5 ways to stop AI from making you dumbRachael BoltonFrom stopping thieves in the GFC to running a $1b company, via The StarNew MP Mary Aldred urges business to help women into the LiberalsLife & LeisureBacchanalian jugs and eco-blankets to make your home cosyEugenie KellyThis is the gold you should buyExtreme hiking in the heart of Australia’s own AmazonRich ListAnnie Cannon-Brookes steps out on her ownYolanda RedrupLuxury home sales take off as Australians get richerPharmacy chain ‘underdog’ takes the fight to Chemist Warehouse