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 MagazineAFR Magazine celebrates The Art of MovementLauren Sams‘We don’t want to die wondering’: Jo Horgan on Mecca’s biggest bet yetThis Brisbane restaurant deserves a Michelin starBOSS Financial ReviewThis CEO thought he was healthy. Then he went for a checkSally Patten and Lap PhanHow the Macquarie CEO played a role in setting me up to lead MagellanWhich AI course should I do?Life & LeisureUp your game with this stylish golf kit and Swiss waterproof sneakersEugenie KellyWhy we can’t get enough of the minister of crabsIt’s BYO pyjamas at this chef’s table above the cloudsRich ListSpotlight’s new Anaconda will teach shoppers to fishMichael BlebyPortelli hits fast lane on mooted LMCT+ sale, MacCap takes the wheelInside the fortune Kerry Stokes (quietly) made in China