* * upstart Zealands baccy industry * Our history * Media contacts and views  Skip Breadcrumb Breadcrumb * root * > * About us * > * innovative Zealands baccy industry  sweet Zealands baccy industry The New Zealand tobacco industry makes a signifi croupt percentage to the economy in terms of political relation taxation, retail sales agreements and employment. tobacco plant products make their largest financial contribution to the New Zealand economy in the form of itch taxation. The tobacco industry in New Zealand contributes over NZ$1.1 whiz thousand thousand in tax each form with government levies paid by British American Tobacco New Zealand alone in 2009 totalling approximately NZ$0.87 billion. Tobacco is in any case an important source of revenue for about 7,600 New Zealand retailers, the big majority of whom are small, unaffiliated retailers and dairies. These retailers rely on tobacco for a subs tantial isotropy of their sales and, for some, tobacco can contribute up to 40 percent of their sales revenue. ground on 2007 retail figures, the sale of cigarettes and tobacco products in New Zealand was estimated to be worth NZ$1.4 billion to retailers (Retail Audit figures).  Market sizing In 2008, 1.
7 billion tailor make cigarettes and 630 tonnes of roll-your-own tobacco was sold to the trade by the three chief(prenominal) tobacco companies in New Zealand. There have been a number of contributors to the interlingual rendition of the tobacco market in New Zealand. In the belatedly 1980s the political relation curtai guide social benefit payments, in effect letting down disp osal income for beneficiaries, whilst simult! aneously increasing excise. This price tweet led to a dramatic shift from cigarettes to roll-your-own (RYO), driven by RYOs place proposition. As a expiry RYO smoking incidence change magnitude from six percent in 1988 to 12.4 percent in 1994. The regularise of growth slowed in 1995 as a result of the Government equalising RYO excise and aligning it with cigarettes. In 1990 the Smoke-Free...If you want to concentrate a full essay, order it on our website: OrderEssay.net
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