Smokers set to pay more for cigs

Finance Minister Mathias Cormann has confirmed the Federal Budget will include a 12.5 per cent annual increase in tobaccoo excise over four years.

It’s expected to increase the cost of a packet of cigarettes to about $40 a packet by 2020.

More Budget details are expected to be released across the day before the Federal Budget is officially released this evening.

Categories: Health

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