Skip to main content

Posts

Showing posts with the label drugs

Sellers' addiction to profits driving drugs market

Sellers' addiction to profits driving drugs market Amy Corderoy Health Editor, Sydney Morning Herald, Article published in The Age June 22, 2013 Australians are spending more than $7 billion each year on illicit drugs, according to groundbreaking research from the Bureau of Statistics. Drug experts and campaigners say the data shows attempts to police the ''war on drugs'' are completely dwarfed by the population's demand for the products, with Australians spending about seven times more buying drugs in 2010 than governments spent enforcing drug laws. And the vast majority of the billion-dollar market is going directly into the pockets of drug manufacturers and retailers, with early analysis from the ABS staff research project showing profit margins of more than 80 per cent. The chief executive of drug harm minimization group Anex, John Ryan, said he was staggered to see how big the drug market actually was. "The drug market is clear