Costs compare favourably

AIRFARES have never been cheaper. Since 1964, when jets were introduced onto Australian domestic routes, average weekly earnings have leapt 1,705 per cent, from $57 a week to $1,029. Over the same period, economy airfares from Perth-Melbourne have risen 80 per cent from $105 to just $189. While virtually every commodity has risen against average weekly earnings, airfares have plummeted as aircraft become more productive. Between 1964 and 2002 the family home has risen in cost by 4,189 per cent, the average car 1,316 per cent, loaf of bread 1,372 per cent and the CPI 855 per cent. The Perth to London return airfare, however, has risen by just 92 per cent.

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