WHEN THE INTEREST RATE WAS JUST 8%

INTEREST rates of more than 8 per cent, Paul Keating’s last months as Prime Minister and Batman Forever in cinemas. Welcome to the world of August 1995.

On the Gold Coast, house prices remained relatively low, with house and land packages at Burleigh advertised for $137,900 and a three-bedroom Arundel home at $124,900.

A full Aussie breakfast at Fisherman’s Wharf cost $6, while a roast lunch was $5.

Interest rates were significantly higher compared to today’s lows, with Westpac offering 7.75 per cent and 7.10 per cent at Citibank.

By August 1, 1995, the Windows 95 operating system was three weeks away from release.

Most astonishing for modern audiences would be the idea of paying $49 for a screen saver, something which cost nothing today. Mobile phones had also been invented, with an NEC Sportz costing $379.