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National figures released on Wednesday revealed a drop of almost 16% in spending on tobacco products in the year to March, which Chalmers said reflected both the increase in illegal trade as well as more Australians quitting smoking

[334] [331] He described the business model of firms like Bain as: "Take over an existing company for a short period of time, cut costs by firing employees, run up the debt, extract the wealth and move on, sometimes leaving retirees without their earned pensions

"And the many issues implicated by a menthol cigarette ban -- science, illicit trade and unintended consequences -- are important and merit careful thought." A study by researcher Geoffrey Fong of the University of Waterloo found that a 2018 ban on menthol cigarettes in Canada led to a 59% increase in the likelihood of menthol smokers quitting