Australia in 2008 – Historical Snapshot (When the Ford FG Falcon was released)

Cost of a new Ford FG Falcon

  • Base sedan models started at approximately $35,000–$36,000
  • XR6, XR8, and XR6 Turbo models ranged from $38,000–$50,000 depending on options
  • The FG Falcon introduced significant styling updates, improved aerodynamics, refined suspension, and advanced electronics

Average wage

  • Average weekly wage: about $1,000–$1,020 per week
  • Average annual wage: about $52,000–$53,000

Average house price

  • Around $320,000–$330,000

Price of petrol

  • Around $1.40 per litre, reflecting rising global oil prices

Prime Minister

  • Kevin Rudd (Labor Party)

Population of Australia

  • About 21.0 million people

Top-grossing movie

  • The Dark Knight, Iron Man, and Mamma Mia! were major hits internationally and in Australia

Top song

  • Low by Flo Rida topped Australian charts

Significant world event

  • The Global Financial Crisis (GFC) was beginning to affect markets worldwide
  • Technology, mobile phones, and the internet were increasingly central to daily life and business

Popular TV / radio in Australia

  • Popular shows included Home and Away, Neighbours, and Rove Live
  • FM radio and early online streaming were shaping music and media consumption

Significant Australian news story

  • The GFC and its impact on the economy dominated headlines
  • Car buyers were increasingly focused on safety, comfort, technology, and reliability, reflected in FG Falcon sales

Interesting comparisons

  • The FG Falcon cost roughly 0.7 of a year’s average wage, XR6/XR8 variants approached 0.95 of a year’s wage
  • The average house cost about 6 times a yearly wage
  • Filling the ~70L tank in an FG Falcon cost about $100, while Fairlane and LTD tanks could cost $105–$110
  • A week’s wages could buy roughly 700 litres of petrol
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