Junk Food Tax
NewAustralia would introduce a Junk Food Sales Tax to apply to food based on the harmful content of the product. This would apply by the weight/volume of the harmful component that exceeded an agreed concentration rather than by value.
In particular this tax would target products high in:
- Sugar/energy.
- Salt.
- Saturated and trans-fats.
Retailers could avoid the complications involved with this tax by simply not stocking products in the 'junk' category.
Alcohol Taxation
NewAustralia supports Volumetric Taxation of alcohol - that is taxation based on the actual volume of alcohol in each product without consideration of price. This is likely to lead to consumer product selection based more on 'quality than quantity' and should push cheap high-alcohol products off the market. Additionally the tax does not need to be linear - products over a given threshold could be taxed at a much higher rate.
Conversely the price of some low-alcohol products may be able to be reduced.