Inflation

[Blacky]

I doubt anyone here is old enough to remember the "Bartons" stores in Claremont and Nedlands? I know I cant.

Well, anyway, they were owned by my grandparents - in fact, half of Claremont was owned by my family - before they sold/lost it all

Anyway, my dear old Nan was a horder. She kept everything. She has recently been moved into a home and a lot of stuff (dating back to the 30's and 40's) has recently been donated to the local Claremont museum.

In it was this little doozy of a flier for the store.

No wonder kids today cant afford a house

Blacky

 

[D.T.]

I find it interesting that most of those brands are still around. These are the ones we should have had shares in

 

[Kinnon Bell]

Am I missing something? All the prices are in cents - shouldn't it be pounds and pence?

 

[superAndrew]

What were the salaries back then?

 

[Crabnet]

Am I missing something? All the prices are in cents - shouldn't it be pounds and pence?

We used to sing a little jingle.
From memory.

In come the dollars and in come the cents,
To replace the pounds and the shillings and the pence.
Get prepared folks when the coins begin to mix.
On the 14th February 1966.

One and two remain the same.
The only difference is the name.
Three to nine lose one it's true.
For the rest you take off two.

 

[speary]

This was from 1967. 'Specials available until 30th September 1967'.

Changed over to decimal currency 14th Feb 1966.

 

[LoneWolf]

Since this is RRP, imagine the COG, which will be 30-40% less then what is listed here

Again, the COG for its manufacturer will again be less

In Summary, take approximately 50% off this price to figure out the true COG to produce in those days, so you can imagine the wages for its employees

This formula is based on retail margin of today

 

[LoneWolf]

Average wages from the 60's

 

[superAndrew]

Average wages from the 60's

Compared to the income back then prices don't seem to have changed.

 

[Crabnet]

Compared to the income back then prices don't seem to have changed.

Different times.
A lot of single income families with stay at home Mums.
Home phone a luxury.
Televisions were expensive so people would repair them.
As a matter of fact you needed to have a license to watch TV at home.

 

[marg4000]

Average wages from the 60's

Remember those are male wages, female wages were much lower.

Can remember when hubby's ambition was to earn $100 per week.

I started work as an office junior in the 60s and was paid $17 per week (now earn considerably more than that per hour!!!).

Everything is relative.
Marg

 

[The Fence]

Funny, a discount store in Dalkeith/Mt Claremont...!

Love the Styvos ciggies...33c packet !
And to think we stole the odd one out of dads packet...Oh No !!!

 

[LoneWolf]

Mum always spoke of been a "millionaire", as if this is a tough to reach goal.

These days, you just need to own a decent PPOR to achieve this goal.
It's now all about multi-mils in comparison

 

[superAndrew]

Remember those are male wages, female wages were much lower.

So does that mean that relatively prices were higher back then?

 

[The Fence]

Can remember when hubby's ambition was to earn $100 per week.

I started work as an office junior in the 60s and was paid $17 per week (now earn considerably more than that per hour!!!).

Everything is relative.
Marg

I thought $1000 would solve all my problems.

 

[topcropper]

I thought $1000 would solve all my problems.

I can remember you paying me $50 a day! F#$&n @*$% #o)*!


See ya's.

 

[Kinnon Bell]

This was from 1967. 'Specials available until 30th September 1967'.

Changed over to decimal currency 14th Feb 1966.

We used to sing a little jingle.
From memory.

In come the dollars and in come the cents,
To replace the pounds and the shillings and the pence.
Get prepared folks when the coins begin to mix.
On the 14th February 1966.

One and two remain the same.
The only difference is the name.
Three to nine lose one it's true.
For the rest you take off two.

Ahh, that's what I missed! I didn't see the date in it. Just read in Blacky's post that he found stuff from the 30's and 40's.

 

[datto]

Different times.
As a matter of fact you needed to have a license to watch TV at home.

Bludy Libs! There was also licence for the radio AND they wanted to tax you for having a second toilet! Bludy Libs!

 

[Angel]

I notice that the average Qld wage was almost always lower than Tasmania's back in the 60s.

 

[BayView]

This was from 1967. 'Specials available until 30th September 1967'.

Changed over to decimal currency 14th Feb 1966.

In 1967 I was 6 years old and in Grade 1.

I remember a few years later in about Grade 5 , we were occasionally allowed to walk across the road with the Teacher at lunchtime to the fish and chip shop to buy our lunch.

I remember buying the "minimum chips" - 20c, on a few occasions.

What is it now..$2.00?

My first year wage as an apprentice golf pro back in 1979 was $50p/w.