Victoria’s black market vape industry worth up to $500m

February 07, 2024 by

Victoria’s black market vape industry worth up to $500m

Victoria’s black market for vapes has been valued at up to $500 million, prompting warnings the proceeds must be kept out of the hands of organised crime as the state grapples with a gangland war for control of the sale of illegally imported cigarettes. The importation and sale of illegal tobacco in Victoria has been linked to dozens of firebombings, and a new analysis from the state’s Parliamentary Budget Office has sparked fears the closely associated e-cigarette industry could become another lucrative black market.

13.00% of the adult population are current smokers. There are approximately 2.6 million current smokers in Australia 15.20% of men are current smokers but only 10.90% of women.



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