In a prior blog post (here) I mentioned that it had been estimated that $50 million had been spent on protecting Australia's rights to have plain packaging on cigarette packets. Well this story here claims its only $39 million and then it has the usual story about opportunity costs of expenditure. Well a simple little reporting may have widened the rationale for this expenditure.
Tobacco causes millions of dollars in medical costs and lives a year. Lung cancer is estimated to cost over $107 million per year in Australia. By all means complain that we aren't suing the tobacco companies for using third parties to go after our regulations. But hell even if the costs were $50 million, the future benefits from this expenditure can not be underestimated. Comments are closed.
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AuthorDavid Adamson Archives
February 2019
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