Australia consumes more cocaine per capita than any other country in the world — nearly double the rate of the US. In this episode, Bloomberg’s Angus Whitley joins host Chris Bourke to unpack the data behind the surge, why a wealthy, remote nation has become such a lucrative market for global cartels, and how cocaine use has spread across professions and age groups.

They examine the A$82 billion economic toll of illicit drugs, the role of organized crime, and how shipments — from commercial flights to offshore drops — are slipping into the country. Plus, are authorities making any headway, or is demand simply too strong to curb Australia’s growing appetite?

Australia consumes more cocaine per capita than any other country in the world &mdash; nearly double the rate of the US. In this episode, Bloomberg&rsquo;s Angus Whitley joins host Chris Bourke to unpack the data behind the surge, why a wealthy, remote nation has become such a lucrative market for global cartels, and how cocaine use has spread across professions and age groups.
They examine the A$82 billion economic toll of illicit drugs, the role of organized crime, and how shipments &mdash; from commercial flights to offshore drops &mdash; are slipping into the country. Plus, are authorities making any headway, or is demand simply too strong to curb Australia&rsquo;s growing appetite?

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business. 

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

The Bloomberg Australia Podcast

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

Why Australians Lead the World in Cocaine Use

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b7690aff-3b89-4ae0-a80e-b40a017134bc/transcript