Australia in 2002 – Historical Snapshot (When the Ford BA Falcon was released)

Cost of a new Ford BA Falcon

  • Base sedan models started at approximately $33,000–$34,000
  • Futura, Fairmont, and XR6/XR8 models ranged from $36,000–$45,000 depending on options
  • The BA Falcon introduced refined styling, improved safety, upgraded suspension, and enhanced electronics

Cost of a Ford BA Fairlane

  • Base BA Fairlane sedan started at around $56,000–$58,000
  • Higher-spec models could exceed $65,000, offering premium luxury interiors, advanced features, climate control, and executive appointments

Cost of a Ford BA LTD

  • Base BA LTD models started at approximately $70,000–$72,000
  • The LTD remained Ford Australia’s flagship luxury sedan, featuring top-tier comfort, premium finishes, technology, and executive appeal

Average wage

  • Average weekly wage: about $900–$920 per week
  • Average annual wage: about $47,000–$48,000

Average house price

  • Around $250,000–$260,000

Price of petrol

  • Around $1.20 per litre

Prime Minister

  • John Howard (Liberal Party)

Population of Australia

  • About 19.0 million people

Top-grossing movie

  • Spider-Man, The Lord of the Rings: The Fellowship of the Ring, and Star Wars: Episode II – Attack of the Clones were major hits

Top song

  • Complicated by Avril Lavigne topped Australian charts

Significant world event

  • Global focus on economic growth, post-2000 tech expansion, and international conflicts
  • Australia continued to benefit from economic stability and low unemployment

Popular TV / radio in Australia

  • Popular shows included Home and Away, Neighbours, and The Panel
  • FM radio stations and emerging digital media shaped music and youth culture

Significant Australian news story

  • Economic growth and political stability dominated headlines
  • Car buyers were increasingly influenced by safety, comfort, technology, and performance, reflected in Falcon, Fairlane, and LTD sales

Interesting comparisons

  • The BA Falcon cost roughly 0.7 of a year’s average wage, XR6/XR8 variants approached 0.9 of a year’s wage
  • The average house cost about 5–5.5 times a yearly wage
  • Filling the ~70L tank in a BA Falcon cost about $85, while Fairlane and LTD tanks could cost $95–$110
  • A week’s wages could buy roughly 630–650 litres of petrol
  • The BA Falcon represented modern Australian family and performance sedans, while BA Fairlane and BA LTD offered executive luxury, technology, and comfort
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