CARD PURCHASES BECOME THE DEFAULT
4
ONLINE MARKETPLACES EXPERIENCE RAPID GROWTH
PLATFORMS EVOLVE FROM CONNECTION TO COMMERCE
ON DEMAND ACCESS
ECONOMICS
DEMOGRAPHICS
6
the consumer
landscape
then and now
20 YEARS OF CHANGE
2005 — 2025
20052025
Amazon revenue
(USD)
$8.5B
1
$670B
2
Social media
Facebook opens to the public
the following year, 2006
74% of Gen Zs and
Millennials shop and browse
products via social media,
mainly on Instagram,
Facebook and TikTok.
3
Music streaming
Spotify did not yet exist,
launches in 2008
696M
Total Monthly Active Users
5
Youngest generation
Gen Z
Age 15-29 today
Gen Beta
Age 0
National population20.1M 27.7M
Life expectancy
at birth
80.9 83.1
Population aged 65+
(%)
13% 17%
Population aged 65+
(number)
2.6M 4.7M
Proportion aged
25-34 with uni degree
(2006 vs 2021)
26% 40%
Annual GDP
growth rate
6 3.2% 1.3%
Interest rates
7
(standard variable)
7.3% 5.5%
Average adult full-
time annual earnings
6 $58,400 $106,000
Median Sydney
house price
8
$518,000 $1,497,000
Ratio of house price
to annual earnings
8.9x 14.1x
REFERENCES
1 Amazon annual report, 2005
2 Amazon Q2 2025 Financial Results - Net Sales (TTM)
3 Australia Post eCommerce Report, 2025
4 Reserve Bank of Australia, Consumer Payments Explorer, 2022
5 Spotify, Q2 2025 Update
6 ABS
7 RBA
8 Domain
For more resources go to:
mccrindle.com
+61 2 8824 3422
[email protected]
20052025
2007 vs. 2022
Cash69% 13%
Card26% 77%
NEW
+2.2