Australia at 12 vs 24 million

Thursday, January 28, 2016

Australia’s population will soar to 24 million this year, but what exactly did the country look like when the population was half that? The year was 1968 – John Gorton was Prime Minister, our soldiers were still in Vietnam and it was the year that Kylie Minogue and Hugh Jackman were born.

But since then Australia’s population has sky rocketed. The population has doubled since 1968. We had just hit 12 million back then, and next month we will hit 24 million people nationally. In fact 1 in 3 Aussies have seen the population double in their lifetime.

The rate of marriages has dropped by over 40% since then, and in 1968 the average woman had 2.34 babies, compared to today’s 1.8.

Weekly earnings have also increased over the last 48 years. If we go back to 1968, the average hourly rate was $1.22, and that meant that the weekly wage was about $48.00 per week. Comparatively, today’s average earnings – if you put it in annual terms – is about $88,000 per year.

While wages have risen so too has the cost of living, and owning your own home is now 5 times more expensive than it was 48 years ago. Back in 1968 the average Sydney home would set you back $18,000, compared to the average Sydney median house price of $1 million today.

But the good news is that milk, butter and potatoes all cost less today. A litre of milk back then was 19 cents, in today’s dollars that’s actually $2.00, which is more expensive than a litre of milk today which is about $1.25.



ABOUT MARK MCCRINDLE

Mark McCrindle is a social researcher with an international following. He is recognised as a leader in tracking emerging issues and researching social trends. As an award winning social researcher and an engaging public speaker, Mark has appeared across many television networks and other media. He is a best-selling author, an influential thought leader, TEDx speaker and Principal of McCrindle Research. His advisory, communications and research company, McCrindle, count among its clients more than 100 of Australia’s largest companies and leading international brands.

DOWNLOAD MARK'S SPEAKING PACK HERE

Welcome to our blog...

We have a passion for research that tells a story, that can be presented visually, that brings about change and improves organisations. And we hope these resources help you know the times.

Our Social Media Sites

Facebook | McCrindle Research Social Media YouTube | McCrindle Research Social Media Twitter | McCrindle Research Social Media Flickr | McCrindle Research Social Media Pinterest | McCrindle Research Social Media Google Plus | McCrindle Research Social Media LinkedIn | McCrindle Research Social Media Mark McCrindle Slideshare


Last 150 Articles


Tags

organisations work children pharmacies jobs NSW sunburnt country focus group Research Executive hills shire tattoos state new york times award ageing population annual income summer teacher group session wedding work mates careers shopper's pick social commentary living interactive Assistant Store Manager futurist politics Valentine’s Day sentiments charity Love goals urban living index Australians internship eliane miles Northern Territory global community engagement couple nfp social shifts proactive generation Tuesday Trend insight media release spend population growth earn workplace hopes personalities technology tuesday panel 10 years entertainment Deaths hornsby sports population map weekly earnings parenting demographic trends news market research holidays schools women owning a home culture trend townhouses mining boom celebration world youth day 2017 student World Water Day optimistic tertiary education Duchess of Cambridge community event national wealth gen alpha Australian Trends baby names Australian Bureau of Statistics coffee house potts point local communities January 26th society trends 1975 New South Wales bureau WA aged care megatrends trends of 2016 emerging generations family social researcher increasing densification royal residents cars food renter of the future generational trends demographic baby Hornsby Shire Council holiday equip medicine ageing middle class 1994 cash video capital cities year 7 families cloudy days housing affordability identity Australian communities TDE economy capital city divorce students TAS learning sector jobs of the future staying in public speaking seasons hobart tableau Kirsten Brewer 1980 wellbeing marriages Queensland growth easy rider Real Estate young people NT sydneycity research parents states offenders deloitte SA learn English men Australian Families socialites millenials supply and demand career Australian Communities Trends renting aussie culture social research social researchers ABS affordability dream snapshot social life Western Australia royal influence 23 million demographics future proof innovative report business ipswich System's Architect aged care puzzle click demographer school Adelaide South Australia "know the times" cancelling event household REIV Conference non profit neutral bay DESTEL population milestone leadership anzac monarchy Charlotte life rise of local Res Vis visualisation 2015 The ABC of XYZ healthy future McCrindle Speakers Engineering Manager real sector wide study tv Christchurch media activity language fresh Channel Seven social commentator ACF going out employment in depth interviews social lives retirement mccrindle ashley mckenzie geomapping Financial Planning Association rising house prices digital generation Z meetings internet results 1968 millionth curiosity sydney speaker the changing face of meals logan Word Up Generation X JOMO marketing sydney event Gen Y list daily telegraph affordable entrepreneurial child care entrepreneur paying to work christmas HSC FPA infographic wall internships authenticity dreaming urban living energy NEETs sector wide participants conference speaker ease of travel house price ultimo Territory financial future brand experience alpha Wagga Wagga intern earning marrickville mythbusting in the media australians staying home more thrive rich friendship Aussie DIY cost mateship Australian Dream program victoria Social Trend suburbs outsourcing skills data visualisation housing community school students relevant Real Estate Institute of Victoria baby name pharmacy public holiday kate middleton mentor marriage debt Australian demographics investing Financial Planning Week brand urban taskforce communications Sydney keynote speaker Births responsive bondi government Queensland: QLD statistics high school mobile social analysis qualitative research Caregiver Population Clock university degree typical australian future proofing housing trends long weekend education keynote speaker Christmas season generations darwin plans infographic Myth future-proof conferences stats learner priorities cancelling plans names forecast 2014 goal local stay home commute volunteers innovation future leader finance Gen X high density apartments Generation Y 2020 lifestyle forum global generations tea Merry Christmas study sun domestic social impact gender ashley fell young australians REIV National Conference australian social research lalor park crows nest education sector prince george Wellington mover and shaker GPO year 12 mythbusters repayments faux-cilise mother's day Geoff Brailey survey motivate investor Northern beaches Event professional easter mortgage group presentations population speakers facts mccrindle tea Mark McCrindle selfie cancel plans teleworking unemployment educated rule keeper suburb weather 40 million crime customer wealth and income distribution university focus groups cold not for profit thought leadership builders data mccrindle in the media income wolloomooloo salary shopping The Daily Edition financial training business index home owner educhat conference presentation staff transport millennials 2016 vegetarian tips visual consumerism sunny days toys greatness social trends investment home omnibus global financial crisis Australia Day 2017 overcast Crime Rates cultural diversity princess charlotte February 16 economic water resilience church Australian Census PSI event gen z wealth area challenge communication menai Melbourne optus my business awards collaboration litter define norwest high density living graphs winter blues relational socialising rain know the times father's day product eliane earnings poor communicate national private wealth Scouts insights emerging trends youth unemployment education future report rental stress education future narcissism communities christianity schools students house prices twentyseventeen Education Future Forum networking average aussie IT Specialists workplace culture Northern Beaches Christian School financial dreams research data acf15 australian communities forum friends media commentary social change royal baby engage census households future of work publication collaborative Netflix google for education EFF work-life woolworths low density perth teaching 2013 teach moreton bay 2012 growing population research pack keynote online baby boom VIC consumer cost of living world education research New Zealand ethnography financial independence future of education youth small business blaxland apartment Kiwi urban office home ownership Christmas presents brisbane baby boomers Wodonga fears etiquette case study Aussies gold coast Christmas lunch change presentation cooking criminal suburban living events cartodb office opening Royals ACF 2016 village Tasmania professional speaker social social enquiry divorce rate analysis workshop media safe Channel 7 research visualisation wages recap trends analyst SMSF national crime rates sydneysiders the australian dream experience online shopping baby name trends property workforce google 24,000,000 ACT land of the middle class demographic transformations data analyst winter CBD research services wealth and income emerging technologies Do It Yourself Australian Home wealth distribution organisational culture Tuesday Trends housing growth society school satisfaction engagement New Zeland housing market waverton vegemite professional development Sydney buildings unaffordable personal growth quote happiness leadership workshop dare to dream daily commute conference post rationalism Australia Day dessert mccrindle research learning styles entrepreneurs of today pyrmont Financial Planning Association of Australia 24 million rent faux-cilising faux-ciliser survey design shifts religion Northern Beaches sustainable not-for-profit huffington post FOMO baby name predictions property price slideshare office space new office resource forecasting ideas house price rise brands environmental scanning researcher shbc wage budget hello fresh trends of 2017 clothing environment Canberra Bathburst newspaper employers trend tuesday manly Australian schools follow debate balance teachers social media moderators guide australia high density city generation alpha storytelling poker master property market grandparents optus trends australian communities trends report royal family

Archive