When “no worries” becomes a worry
“The flip side of ‘No worries, mate’ and ‘It’ll be right in the morning’ is complacency,” says Le.
“There’s a pervasive mentality that says, ‘Nobody is better than me, and I am better than nobody,’ which is all very noble,” says Jennifer Norrie. “But the flip side of this is ‘Tall Poppy Syndrome.’ We put a name to it in Australia, but I think it’s something that’s present all over the world. It essentially means that it’s expected that you should maintain a degree of humility about your success. It’s important to be humble. If you grow ‘too tall,’ you’ll be cut down.”
Now some wonder whether “tall poppy syndrome” might be holding Australians back—right when entrepreneurial leadership is needed most.
“The mining boom is over and demand from China is also slowing,” says Le. “We’ve realized the future of the economy is not going to come from the digging things from ground and selling them to China; we have to shift towards a knowledge-based economy.”
But unlike the intensity of Silicon Valley, and for all the reasons mentioned above, Australia has traditionally been a culture that’s less focused on constant innovation.
“This is where Australia and America differ. That individual drive to achieve the American dream— the idea that you can start from nothing and achieve so much all on your own, isn’t so ingrained in the Australian psyche. The Australian dream is to buy your own home and have a portfolio of investment properties so that you can have a comfortable retirement.”
The erosion of the Australian dream—or rather the unattainability of it—hit an all time high when Bernard Salt, a demographer, KPMG advisor, and columnist at The Australian, suggested that that "smashed avo" (avocado on toast) was the reason why millennials could not afford to buy their own homes. This sparked a national and generational debate and has become a meme to define an entire generation’s inability to realize the great Australian dream.