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


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