Omari Gates
There are many ways to make cash money in Australia, from online to offline, full-time to part-time, and everything in between. While some methods may require specific skills or experience, others are suitable for beginners. It's important to be wary of scams and to remember that any additional income is usually subject to tax. With that in mind, here are some ways to boost your bank balance.
| Characteristics | Values |
|---|---|
| Online surveys | Swagbucks, Amazon Mechanical Turk, Clickworker, BeerMoneyAus |
| Blogging | Join an affiliate network |
| YouTube | YouTube Partners Program, Google AdSense |
| Social media influencing | Instagram, TikTok |
| Streaming | Twitch |
| Website testing | UserTesting.com |
| Online marketplaces | eBay, Gumtree, Facebook, Etsy |
| Online loan | Swoosh Finance |
| Mystery shopping | Service Integrity, Mystery Customer |
| One-off jobs | Airtasker |
| Second job | Declare income to the Australian Tax Office (ATO) |
| Rent out your garage | |
| Photography | Shutterstock, Adobe Stock |
| Freelancing | |
| Dog walking | Mad Paws |
| Unclaimed money | Moneysmart's unclaimed money finder |
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What You'll Learn
Online surveys and testing websites
Some legitimate survey sites include Swagbucks, Amazon Mechanical Turk, Clickworker, and Airtasker. Swagbucks, for example, deals exclusively in paid surveys and offers remuneration in the form of cashback and gift cards. PrizeRebel is another popular survey site that offers many opportunities to earn money, not just through surveys but also through signing up for websites, downloading apps, and playing games. CashKarma is another easy-to-use option, where you can take surveys, watch videos, and take paid offers to earn money. InstaGC is another get-paid-to website that offers surveys, watching videos, clicking ads, and taking Figure Eight tasks as ways to earn money.
To get the most out of paid surveys, it is recommended to join several sites and also take advantage of other earning methods that these sites offer, such as playing games, testing websites, taking paid offers, watching videos, and getting cashback when shopping online.
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Sell your unwanted items online
If you have unwanted items lying around your house, you could make some extra cash by selling them online. According to Gumtree's Second Hand Economy Report, Australians could make an average of $5800 per household by selling about 19 unwanted items.
There are several online marketplaces that you can use to sell your items, each with its own pros and cons. Here are some of the most popular platforms in Australia:
EBay
EBay is a popular online marketplace that offers a wide audience for your items. It is streamlined, highly visible, safe, and professional. You can research selling prices to set the right price for your items and eBay provides 40 free auction or fixed-price listings each month. However, it can be time-consuming and expensive, especially for larger items that need to be posted.
Gumtree
Gumtree is a free online marketplace that is easy to use and has no costs. It is more local than eBay, so you don't have to worry about postage for smaller items. However, it can attract a lot of scammers and haggling is common, so you may need to be firm on your asking price.
Facebook Marketplace
Facebook Marketplace is also free to list and can provide quick success due to its high online traffic. You can accept payments through cash, bank transfer, PayPal, or credit cards. However, it can be a bit lawless, and you may need to be prepared for people not showing up as promised.
Cash Converters
Cash Converters is a store with over 150 locations across Australia that buys a wide range of items, including computers, cameras, phones, jewellery, luxury items, power tools, gaming consoles, and fashion items. You can get cash on the spot for your quality items, and they will value your item and answer any questions you have. They do require 100 points of ID and may request proof of purchase if ownership is unclear.
When selling your unwanted items online, it's important to research the market and know what the likely demand and price for your item is. You should also be prepared to negotiate and interact with buyers to answer any questions they have in a timely manner.
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Become an influencer
If you want to become an influencer in Australia, there are a few things you should know. First, it's important to understand what an influencer is. Influencers are people who have established themselves as authorities or experts in their field and have gained a significant following on social media. They use their knowledge and popularity to influence others' decisions or purchases. Influencer marketing is big business, with the industry expected to reach a value of $13.8 billion by the end of 2021.
To become an influencer yourself, you should start by picking your niche. This could be a particular skill or area that you're passionate about or have experience in. Then, you need to grow your following by choosing the right social media platforms that fit your niche and target audience. Popular platforms for influencers include Instagram, TikTok, and YouTube. It's important to be consistent with your engagement and to share your knowledge and connect with your audience. You can also team up with other influencers and build a community of like-minded people.
Another way to grow your following is to work with a talent or modelling agency. These agencies can match you with brands that are interested in targeting your audience. Once you have a large enough following, you can start reaching out to brands or applying for opportunities via marketing platforms. You can then get paid through sponsored posts or product endorsements.
It's important to note that becoming an influencer takes time and effort. You need to be disciplined and able to meet deadlines set by brands. There may also be income tax responsibilities associated with your earnings. Additionally, be wary of scams or anyone asking for upfront payments.
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Find odd jobs on Airtasker
If you're looking to make some extra cash in Australia, Airtasker is a great option to consider. Airtasker is a website and app that connects people who need tasks done with those who have the skills and time to complete them. The platform has seen a significant increase in users, with an 80% year-on-year rise in people turning to it for extra income.
Airtasker offers a range of jobs, from odd jobs to more serious endeavours. For example, you could find work as a removalist, plumber, or carpenter. If you're not into manual labour, there are also professional services categories like resume writing and web development. The key is to use your experience and skills to find work that suits your needs and abilities.
To get started, simply download the Airtasker app and browse the available tasks. The platform offers flexibility, allowing you to choose jobs that fit your schedule and skills. You can also review Taskers' portfolios, skills, badges, ratings, and reviews to ensure you're choosing the right person for the job.
One of the benefits of using Airtasker is the peace of mind it offers. Airtasker provides insurance coverage for accidental injury to the customer or property damage while performing tasks. Additionally, the platform secures customer payments upfront, so you don't have to worry about chasing payments.
While Airtasker can be a great way to make extra money, it's important to remember that any additional income from a second job in Australia is subject to tax. So, make sure you declare your earnings to the Australian Tax Office (ATO) to avoid any issues.
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Become a mystery shopper
If you're looking to make some extra cash, becoming a mystery shopper in Australia could be a fun and flexible option. Mystery shoppers, also known as secret customers, play a crucial role in evaluating and enhancing customer service across various industries. Here's a step-by-step guide to becoming a mystery shopper and some insights into what the role entails:
Step 1: Find a Reputable Company
Start by finding a reputable mystery shopping company that operates in Australia. Examples include Secret Customer and Service Integrity. These companies work with a range of businesses, from restaurants to retail stores, and can provide you with assignments to evaluate customer service.
Step 2: Register and Apply
Register your details with the chosen company. This usually involves filling out an online application form and providing some personal information. Some companies may also require you to undergo a brief training session and pass an assessment before approving your application.
Step 3: Accept Assignments
Once your application is approved, you can start accepting assignments. Mystery shopping companies typically have online portals where you can view and select assignments that fit your schedule and interests. You might be evaluating anything from banks to fashion stores, so choose assignments that you feel comfortable with.
Step 4: Provide Valuable Feedback
As a mystery shopper, your main task is to provide valuable feedback on your experiences. This could include critiquing the customer service, product quality, or overall atmosphere of the business. Remember, your insights will help businesses improve, so be detailed and constructive in your evaluations.
Step 5: Get Reimbursed
Mystery shoppers are typically reimbursed for their time and expenses. This could be in the form of cash, goods, or a set rate for each completed assignment. Remember that any income you earn from mystery shopping is subject to tax, so ensure you keep track of your earnings and expenses.
Mystery shopping is a great way to earn money while having flexible hours and exploring new places. However, it may not provide a steady income, as the frequency of assignments can vary depending on your location and availability. Keep in mind that legitimate mystery shopping opportunities should not require upfront fees or your financial information during the application process.
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Frequently asked questions
There are several ways to make money online in Australia, including:
- Taking online surveys
- Testing websites and providing feedback
- Selling unwanted items online
- Renting out your garage
- Blogging or vlogging
- Becoming an influencer on Instagram or TikTok
- Participating in clinical trials or becoming a mystery shopper
Some ways to make money offline in Australia include:
- Joining Airtasker to find odd jobs
- Offering bike repair services
- Event planning
- Holiday decorating services
- Pool cleaning services
Be wary of opportunities that ask for upfront fees, request your financial information, or promise high salaries for minimal work. These are often scams.
Look for community forums or reviews from others in the same industry. You can also contact the Australian Competition and Consumer Commission (ACCC) or check for unclaimed money using Moneysmart's unclaimed money finder.
Yes, any additional income you earn from a second job or side hustle in Australia is subject to tax. Be sure to declare this income to the Australian Tax Office (ATO) to avoid discrepancies in your reported income.
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