financetom
World
financetom
/
World
/
Tax Money vs Health | New Zealand move to scrap world-first 'generational smoking ban' rekindles old debate
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Tax Money vs Health | New Zealand move to scrap world-first 'generational smoking ban' rekindles old debate
Nov 28, 2023 8:58 AM

New Zealand's newly-appointed Prime Minister, Christopher Luxon, announced on Monday (November 27) the scrapping of the world-leading anti-smoking laws that were set to be implemented. The move, coming just six weeks after Luxon's conservative National Party secured victory in the national elections, has been met with both criticism and concern.

Luxon, a former airline executive, was sworn in as the head of the new coalition government in a ceremony held in the capital, Wellington. In his inaugural address, Luxon expressed his commitment to addressing economic challenges, prioritising the management of inflation and the reduction of interest rates.

However, he also confirmed the repeal of the "generational smoking ban" introduced last year, prohibiting the sale of tobacco to individuals born after 2008.

The decision to abandon the ground-breaking legislation, which had positioned New Zealand at the forefront of global efforts to combat smoking, has sparked controversy. Luxon defended his choice, emphasising the potential tax revenue from ongoing cigarette sales as a crucial source of income for the government. Additionally, he voiced concern about the emergence of a thriving black market for tobacco, driven by the ban.

Anti-smoking groups swiftly condemned the move, labelling it a significant setback for public health. The Health Coalition Aotearoa, representing a Maori perspective on the matter, decried the decision as "a major loss for public health" and accused Luxon's government of prioritising tobacco industry profits over the well-being of New Zealanders. The legislation, enacted by the previous Labour Party government under Jacinda Ardern, aimed to reduce the prevalence of tobacco use in the country.

While the smoking rate among adults in New Zealand is relatively low at 8%, the now-revoked legislation had ambitious goals of achieving a completely smoke-free future for the nation.

Critics argue that abandoning these measures not only undermines public health efforts but also contributes to a potential resurgence in smoking-related illnesses.

(Edited by : Shoma Bhattacharjee)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tech Optimism Fuels Asian Stock Market Gains
Tech Optimism Fuels Asian Stock Market Gains
Oct 9, 2025
06:46 AM EDT, 10/09/2025 (MT Newswires) -- Asian stock markets largely gained Thursday, as traders again crowded back into tech issues after overnight rallies on Wall Street. Tokyo finished in the green, as did most other regional exchanges, though Hong Kong lost ground on renewed concerns that China's post-pandemic consumer spending is still lagging. In Japan, the Nikkei 225 opened...
London's FTSE 100 retreats from highs as HSBC weighs; miners help limit losses
London's FTSE 100 retreats from highs as HSBC weighs; miners help limit losses
Oct 9, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * FTSE 100 down 0.4%, FTSE 250 up 0.1% * HSBC ( HSBC ) falls after plans to buy rest of Hang Seng Bank * Homebuilders fall after RICS housing data * Volution hits record high after annual results Oct...
Morning Bid: Stocks pause as bubble warnings mount
Morning Bid: Stocks pause as bubble warnings mount
Oct 9, 2025
LONDON (Reuters) -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets World stocks and gold paused their latest steep rally on Thursday as a series of warnings about excessive stock valuations and overly loose policy settings reverberated through global markets. International Monetary Fund boss Kristalina Georgieva warned about risk to the world economy from...
MORNING BID AMERICAS-Stocks pause as bubble warnings mount
MORNING BID AMERICAS-Stocks pause as bubble warnings mount
Oct 9, 2025
(The opinions expressed here are those of the author, a columnist for Reuters.) By Mike Dolan LONDON, 9 Oct (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets World stocks and gold paused their latest steep rally on Thursday as a series of warnings about excessive stock valuations and overly loose policy...
Copyright 2023-2026 - www.financetom.com All Rights Reserved