Sharing economy booms as Australians yearn for extra cash

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'I can't keep up': Why Tara quit her job to work full-time in the gig economy | ninahendy

Years of being underpaid in the hospitality industry was wearing thin on 22-year-old Tara Somerville.

A year ago, out of sheer frustration, the Sydneysider decided to try self-employment in the sharing economy, setting up a profile on Airtasker. “I’m booked 10-hour days until the end of the month, every day, I can’t keep up. The sharing economy is definitely a great springboard into more regular client work,” she says.The sharing economy is booming.While not typically replacing full-time jobs just yet, it has emerged as an important part of the broader economy, as Australians earn cash from their spare time or unused assets.

The sharing economy has transformed the way we live, work and earn, with many using it to help make ends meet or even make a small fortune, according to Mike Rosenbaum, co-founder of sharing economy accelerator The Sharing Hub.

 

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