VQ Statesman luxury model: approximately $22,000–$23,000
The VN Commodore featured a completely new body design with improved aerodynamics, modernized interiors, enhanced suspension, and updated engine options
It was a full new development which featured the first V6 to be featured in a Commodore. It was also the first Commodore to be classed as a ‘Full Size’ as opposed to the ‘Mid size’ VL Commodore.
The VQ Statesman offered premium luxury features, automatic transmission, air conditioning, high-quality trim, and advanced comfort. The VQ was the first Statesman offered by Holden since the WB Statesman was discontinued in 1985.
A Full size Ute, called the VG was available alongside the VN range.
Both models targeted Australian families and executives seeking modern styling, comfort, and reliability
Average wage
Average weekly wage: about $440–$450
Average annual wage: roughly $22,880–$23,400
Average house price
Around $100,000
Price of petrol
About 92 cents per litre
Prime Minister
Bob Hawke (Labor Party)
Population of Australia
About 16 million people
Top-grossing movie
Rain Man, Who Framed Roger Rabbit
Top song
Faith by George Michael topped Australian charts
Significant world event
Fall of the Berlin Wall was still a year away, but global political shifts and technological advances shaped markets
Rising environmental awareness and economic globalization influenced industries
Popular TV / radio in Australia
Neighbours, A Current Affair, Countdown, and The Don Lane Show
FM radio and music television were dominant for youth culture
Significant Australian news story
Economic policy, suburban expansion, and technology adoption dominated headlines
Interesting comparisons
The VN Commodore cost roughly 0.7 years’ average wages, while the VQ Statesman cost 0.95–1 year’s wages
The average house cost about 4.5 years’ wages
Filling a ~60L tank cost roughly $55 AUD
A week’s wages could buy roughly 460–470 litres of petrol
