Illegal tobacco increasingly hard to spot, with some fakes in plain packaging featuring Australian health warnings
Published . Updated .
Government warned that counterfeit tobacco produced by criminal organisations in south-east Asia is becoming more sophisticated Get our breaking news email , free app or daily news podcast The black-market tobacco trade continues to thrive as sellers turn to counterfeit packaging to skirt bans, prompting calls for the urgent passing of tougher laws. Intelligence provided to the federal government shows cigarettes in plain Australian-style packaging are being produced illegally at an industrial scale in south-east Asian warehouses. Continue reading...
Directly affected
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Indirectly affected
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- RTX RTX
Defense contractors get more work when conflict spending rises
- NOC Northrop Grumman
Defense contractors get more work when conflict spending rises
- GD General Dynamics
Defense contractors get more work when conflict spending rises
- XLV Health Care Select Sector SPDR
A fund of health-care companies
- XBI SPDR S&P Biotech
A fund of biotechnology companies
- XLI Industrial Select Sector SPDR
A fund of industrial companies
- CAT Caterpillar
A large machinery maker
- ITA iShares U.S. Aerospace & Defense
A fund of aerospace and defense companies
- BA Boeing
Defense and aerospace orders move with conflict spending
Price reaction, T-5 to T+3
Government warned that counterfeit tobacco produced by criminal organisations in south-east Asia is becoming more sophisticated Get our breaking news email , free app or daily news podcast The black-market tobacco trade continues to thrive…
Source: The Guardian
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