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These calculations exclude additional costs such as higher life insurance premiums, increased healthcare expenses, reduced property values due to smoking damage, and lost productivity from smoking breaks and illness

Younger age groups have shown significant declines in smoking rates over the years

The Minimum Excise Tax (MET), introduced in 2017, sets a floor on the total tax per 1,000 cigarettes to prevent manufacturers from selling ultra-cheap brands

PMID 30646249

As for the UK, we might expect to see a greater reduction in the number of smokers as compared with Australia due to our higher smoking prevalence (approximately 21% as compared with 13%) and our larger population (65.5 million as compared with 23.5 million)