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


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