This Is Why Everything Costs So Much (Australia)
Автор: Old Australia
Загружено: 2026-01-30
Просмотров: 15616
Описание:
In 1969, one Australian dollar could buy a week's worth of groceries. Today, it barely covers a single item.
This isn't nostalgia. This is what happened to the Australian dollar's purchasing power in just 55 years.
We break down exactly what $1 bought in 1969 — bread, milk, meat pies, bus fares, and more — and compare it to what that same dollar buys today. The numbers are shocking.
From the end of the gold standard to modern inflation, discover why Australians work more hours but afford less than their parents' generation.
📊 Key Topics Covered:
What $1 bought in 1969 (complete breakdown)
The Australian Dream: housing affordability then vs now
How purchasing power collapsed by over 95%
Why one income used to support entire families
The 1971 shift that changed everything
💬 What could $1 buy when you were young? Share your story in the comments.
🔔 Subscribe for more economic history and purchasing power comparisons.
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#Australia #Inflation #AustralianDollar #CostOfLiving #EconomicHistory #PurchasingPower #HousingCrisis #1960s #MoneyHistory #AustralianEconomy
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