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The Australian Dream or Great Australian Dream is, in its narrowest sense, a belief that in Australia, home ownership can lead to a better life and is an expression of success and security. The term is derived from the American Dream, which first described the same phenomenon in the United States, starting in the 1940s. Although this standard of living is enjoyed by many in the existing Australian population, commentators have argued that rising real house prices have made it increasingly difficult to achieve the "Great Australian Dream", especially for those living in large cities and the Millennials.

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  • Australian Dream (en)
  • Австралийская мечта (ru)
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  • The Australian Dream or Great Australian Dream is, in its narrowest sense, a belief that in Australia, home ownership can lead to a better life and is an expression of success and security. The term is derived from the American Dream, which first described the same phenomenon in the United States, starting in the 1940s. Although this standard of living is enjoyed by many in the existing Australian population, commentators have argued that rising real house prices have made it increasingly difficult to achieve the "Great Australian Dream", especially for those living in large cities and the Millennials. (en)
  • «Австралийская мечта» (англ. Australian Dream), или «великая австралийская мечта» (англ. Great Australian Dream), — в узком смысле это вера в то, что в Австралии владение домом может вести к лучшей жизни и является выражением успеха. (ru)
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  • The Australian Dream or Great Australian Dream is, in its narrowest sense, a belief that in Australia, home ownership can lead to a better life and is an expression of success and security. The term is derived from the American Dream, which first described the same phenomenon in the United States, starting in the 1940s. Although this standard of living is enjoyed by many in the existing Australian population, commentators have argued that rising real house prices have made it increasingly difficult to achieve the "Great Australian Dream", especially for those living in large cities and the Millennials. It is also noted as having led to urbanisation (or more specifically suburbanisation), causing extensive urban sprawl in the major cities. In contrast to the Australian Dream, some modern urban planners have emphasised "urban consolidation" and "urban sustainability". This "smart growth" or "iGrowth" involves living in a small apartment instead of a detached home, and using public transport instead of driving a car. The key to enforcing "urban consolidation" on an Australian populace who still desire the freedom of their own home and backyard has been planning laws which ban or heavily restrict greenfield development; however some have criticised this as leading to extreme house prices. The term has also been used to apply to broader issues. It was given a different slant by journalist Stan Grant, first in a 2015 address which went viral, followed by a 2016 essay entitled "The Australian Dream: Blood, History And Becoming", and lastly his 2019 documentary film The Australian Dream, which examines the role of racism in Australia, past and present, and questions of national and Indigenous identity, using the racial abuse of footballer Adam Goodes as a starting point. Miriam Margolyes, in a 2020 three-part TV documentary entitled Almost Australian, interrogates what the Australian Dream means to a variety of people across the country. (en)
  • «Австралийская мечта» (англ. Australian Dream), или «великая австралийская мечта» (англ. Great Australian Dream), — в узком смысле это вера в то, что в Австралии владение домом может вести к лучшей жизни и является выражением успеха. Термин происходит от «американской мечты», которой начиная с 1940-х годов описывают такое же явление в США. «Австралийская мечта» появилась в эпоху 1940—1970 годов, когда доля проживающих в собственном доме превысила 70 % от населения страны. И хотя многие из австралийцев имеют соответствующий этой мечте уровень жизни, аналитики утверждают, что рост цен на жилье делает «великую австралийскую мечту» всё менее достижимой, особенно для жителей больших городов и молодёжи из поколения Z и миллениалов. Так, рост цен на жильё в Сиднее за 10 лет составил 153 % в 2022 году, а в Мельбурне 107 %. В результате цены на недвижимость становятся одним из важнейших вопросов на выборах 2022 года. (ru)
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