When the Facts Change artwork

The real cost of the smoking excise tax

When the Facts Change

English - December 07, 2023 16:00 - 27 minutes - ★★★★★ - 6 ratings
Politics News Government nzpol nz politics economics nz economy bernard hickey nz business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed


To replace $700 million a year of revenues lost from a foreign buyers tax, the new coalition government is dumping the previous government's smoke free 2025 goal. This relaxing of policies will keep more people smoking for longer, costing thousands of lives per year and at least $10 billion is extra health costs and lost working hours. Bernard Hickey speaks with University of Otago public health researcher Andrew Waa about his analysis of the changes to smoke free, and finds out the true costs of reversing them.
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To replace $700 million a year of revenues lost from a foreign buyers tax, the new coalition government is dumping the previous government's smoke free 2025 goal. This relaxing of policies will keep more people smoking for longer, costing thousands of lives per year and at least $10 billion is extra health costs and lost working hours. Bernard Hickey speaks with University of Otago public health researcher Andrew Waa about his analysis of the changes to smoke free, and finds out the true costs of reversing them.

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