A survey conducted by the Australia Institute, a think tank, has shed light on national attitudes to the day.
Whether millennials are to blame or a lack of available information, many would argue that not knowing the historical events that occurred on January 26, proves the sorry state we are in as a nation.
And while I'm not actually that big on Australia Day, as I'm usually at work, I believe the spirit of the day matters, not the date.
The date has become increasingly controversial in recent years, however, with indigenous Australians labeling it a national day of mourning and declaring it Invasion Day to commemorate the beginning of the violence of British colonization.
"I can respect that different people have different views, you're not going to see me sneering at Indigenous Australians who want to have a discussion about a different date for Australia Day", he said.
Bennett added that most Aussies are laid back when it comes to the specific date, but are more concerned that we celebrate it at some point. When asked to pick the best day for Australia Day from a list of options, a whopping 70 percent of respondents did not select the current date.
"British settlement was a very good thing, it wasn't good immediately for everyone but the country, the modern Australia that emerged from British settlement stemming from the 26th of January 1788, is something that all of us on balance can and should be proud of", Mr Abbott told 2GB radio.
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37% said they agreed the date was offensive to indigenous Australians, compared with 46% who disagreed, and a remainder who were unsure.
Bennett added that the confusion around the date and the historical events that happened should encourage more Australians to learn about the history of the country.
The date has gained a lot of media coverage recently, with people on both sides of the debate arguing their point.
So, seeing as most of us seem to believe any day is as good as ever to patriotically drape ourselves in flags, have a barbecue and drink too much booze (this sounds like most weekends), why can't we just change it?
The government has repeatedly said the date should not be changed, and that a majority of Australians support it.
Late past year, youth radio station Triple J made headlines when it announced the annual Hottest 100 countdown would be moved away from January 26 following a listener survey. An array of celebrities and public figures including Karl Stefanovic have called for the day to be cancelled.
"And when we do, the day we become a republic should become Australia Day". Do you think the date should be changed?