2017 Federal Budget impact on Smokers

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SMOKERS TAKE ANOTHER HIT

Not content with annual tobacco tax hikes of 12.5 per cent, the government is going after roll-your-own tobacco and cigars to bring their taxation into line with pre-made cigarettes. The average cost of a 50g pack of roll-your-own loose-leaf tobacco is about $62. The change, which will bring in $360 million in extra tax over the forward estimates, will be phased in over four years from 2017 to 2020, coinciding with the annual tobacco tax hike on September 1 of 12.5 percent or another $3.75 per $30 pack of cigarettes.

Here is an assessment of who won and who lost as a result of the 2017 Federal Budget.

Who won and Lost in the 2017 Federal Budget

As you can see Smokers are losers – again! Time to quit now.

Call Cathy your Quit Smoking Expert in Victoria with 100s of patients successfully assisted to give smoking away for good!

Call 0424 867 361 today.