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


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