Are you looking for some extra cash in your spare time? Side hustles can be a great way to earn extra income while still maintaining your regular job. In this post, we’ll be discussing the top high-paying side hustles in Australia for 2023, with opportunities to earn up to $80 per hour or more. Whether you’re a student, stay-at-home parent, or just want to boost your income, there’s something on this list for you. So, read on to get inspired and find your perfect side hustle!
Introduction
Are you tired of living from paycheck to paycheck? Want to earn some extra cash? Side hustles might be the answer for you. Side hustles are gaining popularity in Australia as people look for ways to supplement their income. According to research, nearly 40% of Australians have a side hustle. With the right side hustle, you can earn up to $80 per hour. This article provides insights into the top high-paying side hustles in Australia for 2023.
WeBull for starting an investment portfolio
Investing is one of the best ways to build wealth, but most people don’t know where to start. WeBull is an online brokerage platform that offers commission-free trading. As a bonus, new users can receive free stocks upon sign-up (T&C’s apply). WeBull is an excellent platform to start investing, and you can easily set up an investment portfolio with just a few clicks. It is simple and user-friendly, and you can even do it on the go with its mobile app. You can earn extra income through dividends or selling high.
DoorDash for side income
DoorDash is an on-demand food delivery service that allows you to earn extra income by delivering food. All you need is a car, a smartphone, and some free time. You can earn up to $30 per hour as a DoorDash driver, and you get to set your own schedule. With DoorDash, you will be your boss, and you will have the flexibility to choose which deliveries to accept. A bonus is that there are no fixed schedules, so you can make deliveries whenever it suits you.
Uber Eats referral for bonus
Uber Eats is a food delivery platform that offers a referral program. You can earn extra income by referring friends or family members to the platform. You can earn a bonus of up to $10 for every new referral (T&C’s apply). Uber Eats also offers a flexible schedule, so you can work whenever you want. This is an excellent option for those who want to earn some extra cash on the side.
Free sign up for Swyftx for crypto trading
Cryptocurrency is becoming increasingly popular, and Swyftx is an excellent platform to invest in it. Swyftx is an Australian-based cryptocurrency exchange that offers commission-free trading. As a bonus, new users can sign up for free. Cryptocurrency is a high-risk investment, but it also has high returns. You can earn extra income by trading in cryptocurrency on Swyftx.
Airtasker for odd job opportunities
Airtasker is an online marketplace where you can earn extra income by completing odd jobs. You can find tasks such as cleaning, gardening, or assembling furniture. You can earn up to $40 per hour on Airtasker, depending on the task. Airtasker is an excellent option for those who want to earn extra income but don’t want to commit to a fixed schedule.
Pawshake for pet sitting and dog walking
If you love pets, then Pawshake is an excellent option to earn some extra cash. Pawshake is an online platform that connects pet owners with pet sitters and dog walkers. You can earn up to $40 per hour by pet-sitting or dog-walking. You can also choose your schedule and which jobs to accept. This is an excellent option for animal lovers who want to earn some extra cash.
Food delivery services for extra income
Food delivery services such as Menulog and Deliveroo offer excellent opportunities to earn additional income. Both platforms offer brilliant incentives such as bonuses and referral programs. Menulog drivers can earn up to $28 per hour, while Deliveroo drivers can earn up to $25 per hour. You also get to choose when you work, so you can fit deliveries around your schedule.
Marketplace flipping for buying and selling items
Marketplace flipping is an excellent way to earn extra income. You can buy items cheaply from marketplaces such as eBay, Facebook Marketplace, and Gumtree, and sell them for a profit. You can also buy and resell clothes and home decor. Marketplace flipping can be quite profitable if you know what products to look for and what price to resell them at.
Purposeful use of side hustle money encouraged
Earning extra income through side hustles is excellent, but it is also essential to use that money wisely. You should have a purpose for any extra income you make, whether it’s paying off debt, building an emergency fund, or investing in yourself. With a purpose in mind, you can make the most of your earnings and work towards achieving your financial goals.
Conclusion
Side hustles are a great way to earn extra income in Australia. With the right side hustle, you can earn up to $80 per hour. Whether you want to invest in cryptocurrency or deliver food, there is a side hustle out there for you. Don’t forget to use your earnings wisely and work towards achieving your financial goals.
FAQs
- Are side hustles legal in Australia?
Yes, side hustles are legal in Australia as long as they are declared to the Australian Taxation Office (ATO). - Do I need any experience to start a side hustle?
Not necessarily. Some side hustles such as food delivery services do not require any experience. However, others such as investment require some level of knowledge. - Can I have a side hustle while studying or working a full-time job?
Yes, you can have a side hustle while studying or working a full-time job. Side hustles are flexible and can be done during your free time. - What should I do with my side hustle earnings?
You should use your side hustle earnings purposefully, whether it’s paying off debt or building an emergency fund. - Can I have multiple side hustles?
Yes, you can have multiple side hustles. However, make sure you don’t overwork yourself and burn out.