Countdown started on television, Australia changed from miles to kilometres, and Stevie Wright's Evie was the best selling song Down Under.
But what was happening within the automotive world in 1974?
Join Mandy Turner and Kez Casey on Reverse Gear, as they take you back to the biggest model launches, take an in-depth look at the Lamborghini Countach, and discover 1974 cars currently for sale.
Take a listen at the link below, and click the photos tab to view some of the 1974 cars we talk about.
Next month we take a look at 1964 and James Bond's Aston Martin DB5.
MORE: All CarAdvice podcasts