AnswerID: 186897 Submitted: Thursday, Aug 03, 2006 at 11:25
V8Diesel
replied:
I think the baby boomers are now retiring and they are fortunate to be the most affluent generation in history. That little workers cottage in Subiaco / Prahran / Paddington is now worth $1 - $2million, the holiday block in Yallingup / Hawkesbury River / Great Ocean Road purchased in the sixties for 2 grand is the same. The ones who were fortunate enough to not have their parents great depression era values thrust upon them have probably killed the pig in real estate and the stock market has seen some spectacular action with
Australia's current resources boom, allowing us the opportunity to ride on the coat tails of China / India etc.
This retiring baby boomer generation had the luxury of full-time, permanent employment. Heck, you could get a job in the civil service, stick it out for a few years and be made 'permanent'. Set for life with weekends off, 40 hr week and superannuation at the end of it all. Try getting a permanent position these days. 3 yr contract max.
The other factor is the 'Ski Club' (spending the kids inheritance) mentality is more popular these days with the old values and religious beliefs becoming less of a force in lifestyle choice.
Consumerism has definitely gone mad though. There has always been the 'keeping up with the Joneses' thing, but now with the average Australian being a far more culturally aware and having access to a world of new information via television, internet and glossy magazines, the 'wish list' is going crazy. We have always led a fairly sheltered existence in
Australia, but the world is rapidly changing and our nation with it.
I see runaway consumerism on these forums daily. The amount of rubbish sprouted about all the 'must haves', 'essentials' etc for 4x4'ing /
camping is crazy. But......it's BIGGGGGG business and the sales reflect it. There'll always be a dozen 'experts' telling everyone you can't do anything without all the gear. I used to earn my living in remote exploration and we didn't have half the stuff. The station owners and worker have NONE of it.! Len Beadell MADE the tracks with an old Land Rover - running on petrol, with skinny
tyres (no MTR's / BFG's / Coopers), no
GPS / Laptop / PDA / OziExplorer, no camper trailer, no Oztent, no deep cycle batteries, no Engel /
Waeco fridges, no snatch straps, no rated recovery points.........etc etc etc
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