Thousands of people are turning to the gig economy for a side-hustle, or a second source of income, as the cost of living continues to rise. Interest rates jumped to 4.1 per cent on Tuesday, costing the average homeowner an extra 100 dollars a month.
Key Points
- AirTasker, the platform connecting people to casual jobs, has seen an 85 per cent increase in people looking for work, year on year.
- Food delivery service Menulog has recorded a 27 per cent jump in courier applications, in the past 12 months.
- Tuesday's 4.1 per cent interest rate increase adds almost $100 to monthly repayments for the average $600,000 dollar mortgage. That increase comes on top of 12 rises in the past year.
Share
