Lexi Webster
As the cost-of-living crisis continues, more people are looking for ways to earn extra income outside of their main job. In Australia, 6.7% of employed people have opted for multiple jobs, and side hustles are particularly popular among Gen Z. However, it's important to be aware of the legal and ethical implications of a side hustle for your employer. For example, performing work for another business during time that you're paid to work for your main employer could result in disciplinary action. With that in mind, here are some side hustle ideas to help you earn some extra cash.
| Characteristics | Values |
|---|---|
| Number of Australians with a side hustle | 974,000 or 6.7% |
| Reasons for a side hustle | Earn extra income, save for a big purchase, boost savings, pay off debt |
| Side hustle ideas | Babysitting, roof cleaning, chocolate making, tutoring, teaching, freelancing, pet grooming, delivering food, selling things online, walking dogs, renting out your car, etc. |
| Online side hustle ideas | Monetising a YouTube channel, selling digital products, starting a podcast, joining the YouTube Partner Program, creating an online course, etc. |
| Side hustle considerations | Legal and ethical concerns, disciplinary action, disputes, breach of employment contract, insurance, tax |
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What You'll Learn
Teaching and tutoring
If you're looking to earn some extra money through teaching and tutoring in Australia, there are several options available to you. Firstly, it's important to note that tutoring can be a lucrative side hustle, with some online tutors earning up to $50/hour. The flexibility of online tutoring platforms allows you to work from home and set your own hours. To get started, you'll need reliable internet access, a good computer with audio/video capabilities, and possibly a Working with Children Check and ABN.
Tutoring positions are often available for university students, especially in subjects like maths and English. These roles are perfect for those passionate about teaching and helping young learners grow and thrive. Some organisations also provide regular training to help tutors build their skills and teaching styles.
If you're a qualified teacher or a subject matter expert, you can also find online tutoring opportunities with organisations that offer personalised, one-on-one virtual tutoring to students across Australia. These positions may require in-depth subject knowledge and an understanding of the Australian Curriculum, ATARs, and QCAA guidelines for Years 11 and 12.
When considering a side hustle, it's important to be mindful of how it might affect your full-time job. Some employers may have concerns about side hustles, especially if they impact your performance in your primary role or relate to the type of work you do for them. It's always a good idea to seek advice if you're unsure about how your employer might view your plans.
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Freelance work
If you're an expert in a particular field, you can offer your services as a freelancer. For example, if you have experience in accounting or marketing, you can provide these services to independent clients. Just make sure there's no conflict of interest with your current employer, and be mindful of any non-compete clauses in your contract.
Freelancing gives you the flexibility to work at your leisure and choose your hours. You can find freelance work through various online platforms, such as Upwork, Airtasker, or Freelancer. These platforms offer a wide range of job opportunities, from writing and design to IT and programming.
Another option is to create and sell products or services that you enjoy making. For example, if you're into carpentry, knitting, painting, jewellery making, or crafting, you can sell your handmade items online. You can also offer your services for holiday decorating, pool cleaning, or car washing and detailing.
If you're an animal lover, you could start a mobile pet grooming service, which has low operating expenses and is convenient for pet owners. Or, if you have a car, you can rent it out through car-sharing platforms to earn extra cash.
Remember to be mindful of the legal and tax implications of your side hustle. In Australia, the first $18,200 you earn from your side hustle is tax-free, but any additional income will be assessed for tax. Keep good records and set aside a portion of your earnings to pay taxes at the end of the financial year.
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Monetising YouTube content
To start earning money on YouTube, you must first be accepted into the YouTube Partner Programme (YPP). This programme allows creators to monetise their content, receive support, and protect their content with the Copyright Match Tool. To be eligible for the YPP, you must meet certain thresholds related to watch time and subscribers, as well as follow YouTube's monetisation policies, Community Guidelines, Terms of Service, and the Google AdSense programme policies.
Once accepted into the YPP, there are several ways to monetise your content:
- Advertisements: Creators can earn revenue from display, overlay, and video ads that run on their channel. However, not all videos will be eligible for ads, as they must comply with advertiser-friendly content guidelines.
- YouTube Premium: Creators can earn a portion of a subscriber's fee when they watch their content.
- Super Chat and Super Stickers: Fans can purchase these during live streams and premieres to show their support and stand out.
- Channel Memberships: Creators can offer exclusive benefits such as custom loyalty badges, emojis, and members-only content to paid monthly members.
- YouTube Shopping: Creators can offer products to their audience, whether it's their own merchandise or products from other brands.
- BrandConnect: Creators can connect with brands for branded content campaigns, allowing them to earn revenue while working with brands that match their audience.
- Super Thanks: Viewers can purchase a fun, 'clapping' animation to show their gratitude for the creator's content, which appears on top of the video.
It's important to note that building a successful YouTube channel takes time and effort, and creators should explore the various tools and tips available to help their channel grow while adhering to the guidelines that protect and empower creators.
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Babysitting
If you love children, you can turn this passion into a side hustle by connecting with families who require your services. You can find babysitting jobs through dedicated platforms such as Babysits, which is an application that connects you with families who value your time and skills. The app has security and identity verification systems in place, making it a safe option for finding babysitting work.
You can also find babysitting jobs through online job platforms such as SEEK, which lists babysitting and nannying opportunities across Australia. These roles can vary from casual to full-time positions and may include live-in arrangements. The pay rates for these roles can be competitive, with some positions offering salaries between $80,000 and $90,000 per year or hourly rates of $35 to $40.
If you're a student, you can also consider babysitting for busy families on weekends or as a live-in arrangement to earn some extra money while gaining a unique and rewarding experience.
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Pet grooming
Before starting a pet grooming business, it is important to obtain the necessary qualifications and training. A recognised qualification, such as a Certificate III in Pet Grooming, can give your clients confidence and help your business get off to a good start. You can also take more advanced courses in Pet Styling and gain relevant work experience. Local colleges, such as TAFE, offer courses that teach essential grooming skills like bathing, brushing, and trimming.
Marketing is an important aspect of a pet grooming business. Schedule time each day to work on your marketing strategies and stay on top of industry trends, competitor activities, and changing client preferences. Automating certain tasks, such as the booking process, can free up time for grooming and other business-building activities.
Consider joining a professional pet industry organisation, such as the Pet Industry Association of Australia (PIAA) or the Australian Companion Animal Council (ACAC), to stay informed about industry news, best practices, and regulatory changes.
In terms of equipment, pet grooming salons require essential tools for grooming, and additional equipment may be needed depending on the specific services offered. Inventory management can be straightforward for groomers, as a minimal number of products are typically used. However, if you decide to sell products directly to customers, inventory management software like Pawfinity can be useful for tracking inventory, editing pricing, and creating promotions.
Regarding pricing, groomers typically charge per dog, with prices ranging from $60 for a small dog to $150 for an extra-large dog. This indicates the potential for groomers to earn a higher income than the industry average.
To summarise, pet grooming can be a rewarding and profitable side hustle in Australia, but it requires qualifications, marketing skills, and a dedication to staying up-to-date with industry trends and best practices.
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Frequently asked questions
A side hustle is a way to make money outside of your main job, providing you with additional income. It can be a way to pay off debt, save for a large purchase or boost your savings.
Some examples of side hustles in Australia include teaching or tutoring, creating and selling handmade products, freelancing, delivering food, renting out your car, or monetising a YouTube channel.
Yes, it is important to consider how your side hustle may impact your full-time job, particularly if you are performing work for another business during time that you are supposed to be working for your primary employer. It is also important to be aware of any non-compete clauses in your employment contract and to ensure there is no conflict of interest with your employer.
Identify your skills, hobbies, or areas of expertise that could be monetised. You can then start by offering your services to people in your network or advertising on freelance platforms. If you are creating and selling products, you can use platforms like Shopify or Etsy to reach customers.
