15 Jan 2024 --- Research from the Australia Institute, a public policy think tank, shows an EU-style tax on plastic packaging could raise nearly AUS$1.5 billion (US$1 billion) annually for the country. Analysis shows the federal government could raise AUS$1,300 per ton (~US$870) of virgin plastic through a levy on businesses that import or manufacture plastic packaging.“Australia is facing a growing tsunami of plastic waste and is expected to miss every recycling target it has set,” says the Australia Institute’s Circular Economy & Waste Program director Nina Gbor.
