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


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