1986 fuel prices

98fex · 27-09-2012, 09:43 PM

and he is complaining

**SSD-85** · 27-09-2012, 09:53 PM

*snip*

EDIT: Big Damo's information rendered this post stupid.

Franco Cozzo · 27-09-2012, 10:02 PM

Quote:

Originally Posted by Eagleheart

Taking into account the average wage/salary back then, yes it was tough.

Of course 30-odd cents a litre would be great now. But then it wouldve been like paying $1.80p/l for most.

Thread fail.

On RBA's website that works out to be 70 cents adjusted for inflation in 2011, going on flat rate of 30 cents in 1986.

http://www.rba.gov.au/calculator/annualDecimal.html

**SSD-85** · 27-09-2012, 10:04 PM

Quote:

Originally Posted by Big Damo

On RBA's website that works out to be 70 cents adjusted for inflation in 2011.

http://www.rba.gov.au/calculator/annualDecimal.html

Insightful. I stand corrected. Either way, it reinforces my point of how little they had to worry about in '86.

XR Martin · 27-09-2012, 10:29 PM

Quote:

Originally Posted by Eagleheart

Insightful. I stand corrected. Either way, it reinforces my point of how little they had to worry about in '86.

Interest rates were between 13-15% in 1986.

**SSD-85** · 27-09-2012, 11:18 PM

Quote:

Originally Posted by XR6 Martin

Interest rates were between 13-15% in 1986.

Exactly.

Kieron · 28-09-2012, 12:05 AM

Actually, it would be $1.28 in 2011 so depending on the day, it hasn't changed that much affordability wise.

Simple6 · 28-09-2012, 08:36 AM

Quote:

Originally Posted by Big Damo

On RBA's website that works out to be 70 cents adjusted for inflation in 2011, going on flat rate of 30 cents in 1986.

http://www.rba.gov.au/calculator/annualDecimal.html

30c is what the government got - the actual price is written 2 above it.

XP6 · 28-09-2012, 08:46 AM

Quote:

Originally Posted by XR6 Martin

Interest rates were between 13-15% in 1986.

And nigh impossible to get a decent job as a fresh school leaver, needed a uni degree to get a job at macca's... recession we had to have

Jim Goose · 28-09-2012, 09:33 AM

Ahh... he has reason to complain.. its 1986.

Its like saying gee bread was cheap in 1986 compared to todays price.

In 1986 it WASNT cheap... look at the average wage and compare it to today.

Franco Cozzo · 28-09-2012, 09:49 AM

Quote:

Originally Posted by Jim Goose

Ahh... he has reason to complain.. its 1986.

Its like saying gee bread was cheap in 1986 compared to todays price.

In 1986 it WASNT cheap... look at the average wage and compare it to today.

Yeah but everything else was relative in 1986 as well I'm guessing, wages etc.

vbvbvb088 · 28-09-2012, 12:16 PM

1986 - best year at Bathurst.

Resurrection · 28-09-2012, 12:30 PM

Quote:

Originally Posted by vbvbvb088

1986 - best year at Bathurst.

Last year Bathurst was run on a public road. Since 1987 the Bathurst track has become a race circuit which the public can drive on.

XR Martin · 28-09-2012, 08:26 PM

Id prefer today's fuel prices, rather than their computer prices.

Sprint · 28-09-2012, 08:58 PM

just paid $1.70 for BP ultimate grrrr

$25 and i got around 15L, not happy!.