As wage growth remains stubbornly low, more Australians than ever are running a small business alongside their full-time job to increase their income.
abc.net.au/news/australians-taking-on-side-hustles-to-boost-income/101397180She loves her job, but she's also passionate about sharing the career and budgeting lessons she's learned in life via her social media business., out of her rented flat in Waterloo, in Sydney's inner west.
Ms Nikolic says interest in her business grew from a combination of more people working from home, and younger Australians worrying about their careers and finances as the pandemic gripped the nation. Last financial year, 167,646 businesses were created, an increase of 7 per cent on the previous year.
"People may want to set up a side hustle, or earn some income in a different way, and that could take off and become an entirely new enterprise."Hundreds of thousands of Australians are starting a new business or a side hustle.
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