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Sugar Tax
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Sugar Tax

BSB113 - Economics

7 Pages Essays / Projects Year: Pre-2018

The prevalence of obesity has been increasing significantly over the last two decades in Australia (Australian Government Department of Health, The Department of Health. (n.d.). It has been identified as a major public health epidemic, in both developed and developing countries, as nearly 30% of the world’s population are either obese or overweight according to analysis of trend data from 188 countries (Murray & Ng, 2016; World Health Organizationa. 2000). Obesity is classified as a health issue as it can lead to coronary heart disease (CHD), angina (chest pain) and heart failure (National Institutes of Health, 2012). In response to the emerging challenge of the obesity epidemic, economists have suggested implementing the ‘sugar tax’ as a potential solution. This report will discuss the global and national escalation of obesity, the positive and negatives of implementing the policy in Australia and will see if the sugar tax will reduce the economic costs of obesity.

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