One needs to multiply 1973 to 2019 prices by a factor of 10.2 allowing for inflation. Don't forget on average we were earning 10.2 times less!
dogbox said
08:42 PM Dec 10, 2019
Whenarewethere wrote:
One needs to multiply 1973 to 2019 prices by a factor of 10.2 allowing for inflation. Don't forget on average we were earning 10.2 times less!
I remember a can of coke going from 16 cents to 17 cents an thinking I'm going to stop buying the stuff 10.2 x 17 = 1.73 don't know were you would get one that cheap today. pay was about $ 80.00 a week an that was a good wage. $2 would buy a pack of fags an a couple of beers and a bag of hot chips
Sarco Harris said
08:51 PM Dec 11, 2019
I joined the Army in 1973 and one of the recruitment ads at the time was that you would be paid a full adult wage of $98 per fortnight. Excellent at 17.8 years old.
The dole then if I remember rightly was $21.00 per fortnight.
Sarco
dogbox said
08:27 AM Dec 12, 2019
my rent was $32 a week for a 2 bedroom apt in Hurstville area Sydney nsw which would be nearly 40% of wage
-- Edited by dogbox on Thursday 12th of December 2019 08:27:49 AM
no wonder we were poor
yeah, no wonder.
One needs to multiply 1973 to 2019 prices by a factor of 10.2 allowing for inflation. Don't forget on average we were earning 10.2 times less!
I remember a can of coke going from 16 cents to 17 cents an thinking I'm going to stop buying the stuff 10.2 x 17 = 1.73 don't know were you would get one that cheap today. pay was about $ 80.00 a week an that was a good wage. $2 would buy a pack of fags an a couple of beers and a bag of hot chips
The dole then if I remember rightly was $21.00 per fortnight.
Sarco
-- Edited by dogbox on Thursday 12th of December 2019 08:27:49 AM