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Thu 01 Aug, 2013

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Smokers slugged in Government's plan to raise $5.3 billion

The Federal Government is set to raise more than $5 billion over the next few years by increasing the tax on cigarettes.

Under the plan to be announced today, tobacco excise will rise by 12.5 per cent each year over the next four years, starting on December 1.

By 2016, it will mean a packet of 20 cigarettes will have gone up more than $5.

Treasurer Chris Bowen says the tax increase makes sense as it will help deter young people from taking up smoking as well as provide revenue for the budget.

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The Drum

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What's really driving our panic over asylum seekers?

Conventional progressive shorthand sees the political obsession with asylum seekers as a dog whistle to race politics.

But to pass asylum politics off as disguised racism is both flattering to the foetid little rump of true Australian racists and an underestimation of the issue's broader impact: as both a proxy for all manner of uncertainties and policy failures and as a distraction from them.

The boat debate can be taken at face value but it also speaks to ill-defined unease in the electorate and goes some way to absolving government of responsibility for the policies that might address them.

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Just In

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Soldiers escape suspension over Facebook comments

The Australian Defence Force says no soldiers from Townsville in north Queensland will be suspended over derogatory comments about Townsville women posted on several social media sites including Facebook.

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World

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Snowden reveals online tracking system used by US

New revelations from former security contractor Edward Snowden that US intelligence agencies have access to a vast online tracking tool have come to light, as lawmakers put secret surveillance programs under greater scrutiny.

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Business

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Business Council wants audit on how taxpayer money is spent

The Business Council of Australia has released an economic action plan urging government to comprehensively audit how taxpayer money is prioritised and spent.

The 93 recommendations include reforms to taxation, workplace relations, regulation and federal-state relations.

"We believe that it is time to review the whole of government in terms of its expenditure, the value we get out of it and, more importantly, what we can afford," BCA president Tony Shepherd told the ABC's AM program.

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Politics

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Smokers slugged in Government's plan to raise $5.3 billion

The Federal Government is set to raise more than $5 billion over the next few years by increasing the tax on cigarettes.

Under the plan to be announced today, tobacco excise will rise by 12.5 per cent each year over the next four years, starting on December 1.

By 2016, it will mean a packet of 20 cigarettes will have gone up more than $5.

Treasurer Chris Bowen says the tax increase makes sense as it will help deter young people from taking up smoking as well as provide revenue for the budget.

More »

Sport

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Hird piloted Bombers' supplements scandal: Robinson

Dean Robinson alleges Essendon coach James Hird drove the club's controversial supplements regime in 2011.

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Science and Technology

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Australia's largest super computer unveiled in Canberra

The nation's most powerful computer has been unveiled at the Australian National University in Canberra.

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Environment

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Microbeads used in beauty products found in Great Lakes

Tiny plastic beads commonly found in beauty products are showing up in North America's Great Lakes, sparking concerns for the health of the world's largest surface freshwater system.

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