Cost of a new Ford XF Falcon
- Base sedan models started at approximately $8,500–$9,000
- GL and GXL models ranged from $9,500–$10,500 depending on options
- The XF featured refined styling, improved aerodynamics, and fuel-efficient engine options, continuing the shift away from classic muscle styling to practical and comfortable family sedans.
Cost of a Ford ZL Fairlane
- Base ZL Fairlane sedan started at around $12,500–$13,000
- Higher-spec models could exceed $14,500, offering luxury trim, power accessories, air conditioning, and premium interior finishes.
Cost of a Ford FE LTD
- Base FE LTD models started at approximately $16,500–$17,500
- The FE LTD remained Ford Australia’s flagship luxury sedan, aimed at executives and families wanting top-tier comfort, ride quality, and convenience features.
Average wage
- Average weekly wage: about $270–$280 per week
- Average annual wage: about $14,000–$14,500
Average house price
- Around $70,000–$75,000
Price of petrol
- Around 85–90 cents per litre, reflecting ongoing global oil price fluctuations
Prime Minister
- Bob Hawke (Labor Party)
Population of Australia
- About 15.7 million people
Top-grossing movie
- Ghostbusters and Beverly Hills Cop were among the most popular films internationally and in Australia.
Top song
- Careless Whisper by George Michael dominated Australian charts.
Significant world event
- Global concerns over economic instability and fuel prices persisted.
- The Cold War continued to influence international relations, and technology adoption (personal computers) was beginning to accelerate.
Popular TV / radio in Australia
- Popular TV included Neighbours (launched in 1985) and A Country Practice.
- Countdown continued to influence youth music, while AM and FM radio stations shaped mainstream and pop culture.
Significant Australian news story
- Hawke government implemented economic policies to address inflation and unemployment.
- Rising petrol prices and changing consumer preferences influenced car purchases, with luxury and fuel efficiency becoming key selling points.
Interesting comparisons
These comparisons help place the XF Falcon, ZL Fairlane, and FE LTD into everyday Australian life:
- The XF Falcon cost roughly 0.6–0.7 of a year’s average wage, the ZL Fairlane about 0.9–1 year’s average wage, and the FE LTD about 1.2 years’ average wage
- The average house cost about 5 times a yearly wage
- Filling the ~60L tank in an XF Falcon cost about $50, while the larger Fairlane and LTD V8s could push it to $55–$60
- A week’s wages could buy roughly 330–340 litres of petrol
- The XF reflected practicality and fuel efficiency, while Fairlane and LTD models continued to represent executive luxury and comfort