Greens Propose Sugar Tax in Australia

June 23, 2016 Taxation in Australia

CANBERRA – Doctors are praising a new proposal by Australia’s Green Party to levy a tax on sugary drinks.

While speaking at the Obesity Australia Summit at the University of Sydney on June 23rd the leader of the Green party of Australia Richard Di Natale called for a tax of 20 percent to be levied on the sale of sugary beverages.

He claimed that such a tax could result in savings to the economy of as much as AUD 2 billion over the course of four years.

The money which could be raised would be used to run obesity prevention programs, dental programs, and to provide extra funds to the healthcare system.

The leader of the Greens also added that recent research suggests that a tax of 20 percent could result in as many as 1 600 lives being saved over the course of 20 years, while simultaneously resulting in savings to the healthcare system of AUD 609 million.

The proposed tax won almost immediate support of Australian Medical Association, which claims that sugary drinks are a key contributor to the country’s growing obesity problem.

Photo By: Melissa Wiese