Australians Spend An estimated $10.3 Billion on Drugs Each Year

Australians Spend An estimated .3 Billion on Drugs Each Year
CANNANNEW REPORT

Via the wonderful Drugs Wrap report Also reported at https://www.miragenews.com/australians-spending-10-3bn-year-on-illicit-742711/   Australians Spending $10.3bn Year on Illicit Drugs The Australian Criminal Intelligence Commission (ACIC) on Monday released the 15th report of its National Wastewater Drug Monitoring Program. An estimated 15.7 tonnes of methylamphetamine, cocaine, MDMA and heroin was consumed in 2020-21, the fifth year of the Program. Consumption of methylamphetamine is still dominant, well ahead of cocaine, the next biggest market of the four major drugs. ACIC Chief Executive Officer Michael Phelan APM said the estimated street value of the four major drugs was $10.3 billion last year, up from $8.9 billion the previous year, due largely to general increases in street prices. Methylamphetamine accounted for 77 per cent of this expenditure. Report 15 provides a 12 month and five-year overview of drug consumption in Australia which includes years where there have been COVID-19 restrictions in place. The national consumption of methylamphetamine, cocaine, MDMA and heroin increased year on year in the first four years of the Program (2016-17 to 2019-20), followed by a marked reduction in total consumption in year five (2020-21). The drop of approximately 4.7 tonnes from the previous year’s levels, represents a 23 per cent decrease in overall drug consumption across these markets. A key driver of the national drug market reduction over the last year was COVID-19 movement and border restrictions, law enforcement interventions and supply and demand. COVID-related border restrictions did not cause immediate major interruption to Australia’s drug markets, but wastewater data strongly indicates that the cumulative effect of these restrictions led to some substantial market interruptions.     Australians spending $10.3bn a year on illicit drugs according to ACIC’s latest wastewater report Source:  https://www.acic.gov.au/media-centre/media-releases-and-statements/australians-spending-103bn-year-illicit-drugs-according-acics-latest-wastewater-report 15 March 2022 The Australian Criminal Intelligence Commission (ACIC) today released the 15th report of its National Wastewater…

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Source : Australians Spend An estimated .3 Billion on Drugs Each Year

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