Contiki Youth Evolution research

Thursday, March 30, 2017

We were delighted to partner with Contiki to conduct new research into the aspirations, behaviours and fears of young Australians (18-36 years of age). The Contiki 2017 Youth Evolution Report explores some of the key trends influencing their attitude and lifestyle.

Feeling left behind

There is a strong sentiment among young people, specifically those aged 18-21, that they are being left behind economically. Especially in an era of flat wages growth and huge increases in home and living costs. Two decades ago, the average Sydney house price was around six times the average annual full time income. Today this has skyrocketed to 14 times the average annual full time income.

Ten years ago, over a third (34%) of 18-34 year olds indicated they were saving for a home, while this has dropped to below a quarter (24%) today. A significant two in five (40%) 18-21 year olds fear they will never be able to own a home. “We think of younger generations as having a youthful idealism and optimism, but this research shows young adults are not feeling as positive”, says Mark McCrindle.

Financial fears

Over half (51%) of 18-21 year olds fear not being able to live out their dreams due to financial and time constraints and 42% already regret not saving enough.

“The students of today are going to be the most formally educated generation to date; it is predicted that one in two will obtain a university degree. However, so too will they have higher amounts of debt when they enter the workforce; in fact, they might be the first generation since the Great Depression who will end up economically worse than their parents,”. - Mark McCrindle

Travel is a priority

Despite financial constraints and complexities regarding an independent lifestyle, 76% of 18-21 year olds want to travel more. 

Although more than two thirds (69%) of this age group has the desire for financial freedom, just beyond this is their desire to travel and see the world (64%). 

Around a third are also willing to go into debt for travel (36% of 18-21, and 39% of 22-36 year olds).

Delaying traditional life markers

With a focus on lifestyle rather than just wealth accrual, the emerging generations are spending more time living at home. They are also delaying traditional benchmarks of adulthood such as buying their first home, marrying, or starting a family.

A third of Australians (32%) aged between 18-36 years old continue to live in the parental home. This is a mix of both those who have never moved out as well as those who have moved back in with their parents. This is often due to high costs of living; labelling them as the “boomerang generation”.

Even though they are happy to live with mum and dad, this generation is very aspirational, with two in five 18-21 year olds (41%) stating they would not be happy if they ended up in a similar financial situation and lifestyle as their parents (cf. 33% of 22-36 y/o).

More socially aware

Despite their daily struggles, young Aussies care about the world they live in and are more socially aware than previous generations. The research found that climate change (18-21: 26%), gender equality (15%) and racism (12%) are issues that are high on young millennials’ agenda. The report also revealed that almost one in five (18%) 18-21 year olds already regret not making more of a difference in the world (cf. 22-36: 12%; 37+: 10%).

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


not for profit volunteer TDE equip Northern Beaches Christian School PSI travel dream Australian Families census fail financial future 40 million mythbusters high density environment sydney speaker australian communities trends report family showreel global generations Caregiver average sydneysider world ideas February 16 builders trades digital economy focus groups employmee gender sector wide study economic happiness neutral bay Mount Annan-Currant Hill twentyseventeen housing market care support growing population belief 2015 baby names australia report lalor park Australian Dream Hunter Valley fresh 2014 shopping census results the average aussie ipswich Mark McCrindle in the media ACT priorities research services shopper's pick program investment increasing densification urban living index Macquarie University career media activity group session rental stress innovation toys demographer 2020 Business analysis daily commute HSC survey design internships Christmas in Australia post rationalism teach cost work non profit sustainable global public holiday mateship forecast follow The Daily Edition research on coffee religion REIV National Conference urban brand clothing baby keynote income professional services balance organisational culture owning a home gig conference presentations australia new york times New Zealand sunburnt country Generation Y wellbeing Channel Seven anzac entrepreneurs of today workplace Black Friday screenagers real grave decision earnings offenders news Engineering Manager donation live the dream domestic James Ward investing father's day Melbourne census data REIV Conference weekly earnings mobile skills Hornsby Shire Council trends megatrends low density collaboration shifts FPA data analyst culturally diverse careers hobart qualitative research define households world youth day Australian Census intern politics Channel 7 optimistic youth unemployment pyrmont focus group relevant proactive house price rise business performance Sydney Lifestyle Study christianity young australians teleworking infographic hornsby What is food insecurity? video communication winter blues university office space tea events 24,000,000 Adelaide future proofing Australian Home data story impact faux-ciliser the lucky country wealth and income Black Friday in Australia mining boom holiday house royal debt social analysis Lower Hunter manly Black Friday Sales work from home SMART business presentation repayments selfie workshop 1975 capital cities charity community ACF2017 resource meetings Merry Christmas McCrindle Speaker micro apartments Mark McCrindle food bank marketing sydney property market renter of the future HR storytelling daily telegraph friendship Christmas data social trends Duchess of Cambridge charities renting newspaper sydney hills contiki professional presenters brand experience slideshare easter collaborative staying in NBRS Architecture visual office opening pharmacies dreams trend sentiments social change community engagement Research Director children unaffordable casual social commentary rise of local WA optus social lives Geoff Brailey growth cash marriage house prices leadership workshop Retail rain potts point Scouts housing Social Trend alpha financial grandparents Christmas day weather summer housing affordability acf15 prince george princess charlotte debate Sydney Hills Business Chamber recap dreaming Valentine’s Day ageing FOMO generation Z lifestyle education future trends of 2016 society donate social shifts speajer Elderslie-Harrington park conferences Netflix Financial Planning Association of Australia families resilience NEETs urban development hunger CBD SA shopping centre Australia street who is generation z emerging trends workplace culture sector purpose generations christian social research community event high density apartments poor generation alpha national private wealth hello fresh the hills emerging generations IT Specialists jobs of the future language know the times population map keynote speaker celebration personalities couple perth sports cloudy days suburban living wage McCrindle Speakers australian communities forum house price results research report public speaker research data internship educhat tv ageing population australian community trends report crime affordable cooking professional speaker chairty household holidays money Education Future Forum population milestone australian social research engage baby boomers meals survey earning speakers life education leader financial fears public transport trend tuesday future of shopping ashley fell Charlotte baby name wolloomooloo McCridle workforce trends of 2017 average Australian nfp schools students global financial crisis social baby names report consumer darwin Australian community trends Christmas Stats personal growth retirement women salary Financial Planning Week winter financial independence christmas 2017 monarchy local communities staff aussie culture victoria maiden names millennials youth visualisation weather local January 26th generation VIC communities choice workers small business New South Wales tableau media commentary South Australia ultimo facts tertiary education report wages forum Wellington EFF customer learning Aussies australians staying home more litter Gen Y seasons train innovative deloitte living capital city sydneysiders speaker optus my business awards social researcher local community surnames case study village sydney metro younger generations 1968 participants jobs Real Estate Institute of Victoria Christmas day McCrindle Keynote Speakers do people still change their surname after marriage? coffee lovers royal family parents mover and shaker research pack responsive Generation X SRE media release residents mccrindle in the media social commentator ethnography Australia Day 2017 google for education Australians stay home young people ferry DIY technology hills employmer futurist 2017 sydney market aged care energy earn employers brisbane panel business index Gen X Maxim Accounting Gen Z Expert TEDx Speaker Love census 2016 Tasmania Sydney keynote speaker 2016 high density living authenticity gen z Australian Bureau of Statistics faux-cilise crows nest demographics Word Up Kiwi demographic trends 23 million identity cost of living Christmas presents 1980 financial planning baby name predictions economy australian #censusfail ACT Report home ownership Aussie research Crime Rates wedding dare to dream sector wide medicine commuters generational trends not-for-profit unemployment dessert sunny days cartodb TAS middle class curiosity Hills Shire Council SMSF award travelling entrepreneur tattoos 24 million rent teacher Western Australia wealth and income distribution tips land of the middle class surname TED Tuesday Trend study NFP event challenge australian real estate social issues rich the great screenage System's Architect 1994 vegetarian nativity scene year 12 list mortgage paying to work entertainment social researchers healthy future mccrindle tea Jura Australia names the hills shire "know the times" Tuesday Trends conference speaker Jura Coffee changing face of sydney Sydney population speakers pack ACF GPO Lower Hunter Region wealth distribution socialites Wodonga national wealth waverton Performance Sentiment Index commute sydney event national crime rates Sydney university degree property education sector demography water Res Vis census long weekend the australian dream moderators guide greatness new office research visualisation Sydney’s south west professional Australian schools learn housing growth media global retail gold coast Christchurch mother's day Deaths demographic ACF17 etiquette home owner poker master bureau geomapping 10 years infographic wall states Queensland: QLD work-life The ABC of XYZ omnibus future of education faith online VET budget criminal English learning styles goal VET sector publication coffee student bus future proof wealth micro volunteers urban living internet networking investor culture stats Research Executive future Andrew Duffin cultural diveristy gig economy outsourcing communications wealth inequality happy holidays commuting in the media cancelling event cancelling plans baby name trends employment researcher Canberra communicate socialising marriages Royals 2013 screenage church work mates Financial Planning Association cars 2012 goals school parenting trends analyst fears US rising house prices ABS menai Willowdale high school suburb friends JOMO Bathburst marrickville typical australian mccrinlde baby boom cica society trends entrepreneurial food suburbs annual income the changing face of state Australian communities year 7 quote divorce NSW mentor social analyst area average aussie ashley mckenzie safe Christmas research plans online shopping teachers financial dreams seasons greetings population growth Territory snapshot cold christmas office social media sydneysider Kirsten Brewer Real Estate sydneycity housing trends Myth Work place sun TED talk logan experience google engagement demographic transformations group education future report Northern Territory event ACF 2016 royal influence social enquiry going out cancel plans Skilling professional development supply and demand school students giving educated city Christmas lunch apartment Australian demographics 2016 census aged care puzzle rule keeper consumerism product TEDx population food insecurity Northern beaches Event Australian Population Australian Trends ease of travel vegemite brands CPI conference presentation future-proof norwest insight divorce rate education research DESTEL baby names emerging technologies child care statistics students forecasting NT Christmas season volunteering Australian Communities Trends moreton bay gen alpha relational learner not for profit research data visualisation townhouses motivate market research eliane miles growth of sydney millionth organisations property market Queensland hills shire mythbusting spend Wagga Wagga in depth interviews public speaking mccrindle research schools transport eliane Do It Yourself click Cobbitty-Leppington urban taskforce royal baby blaxland christmas trees kate middleton finance future of work bondi Population Clock shbc analysis Northern Beaches easy rider apartments volunteering data tuesday property price cultural diversity insights Vocational education men environmental scanning leadersip car teaching property development woolworths hopes Births training leadership 2016 census results maiden narcissism huffington post mccrindle faux-cilising thrive infographics NBRS World Water Day New Zeland affordability home digital buildings award winner interactive pharmacy breakfast Australia Day thought leadership government social life change overcast millenials graphs spirituality Assistant Store Manager social impact school satisfaction