Do you want to make money online but don't know where to begin? Thanks to the internet, you can generate money online in Australia through several methods.
What's even better? You can make money online from home, eliminating the need for travelling long distances and avoiding office politics.
So if you want to have more savings, supplement your offline income, or simply make some extra money, read the post below to find out the top 16 ways on how to make money online in Australia without any hassle:
1. Invest in Shares or Cryptocurrency
If you are thinking about investing in the share market, you need to first grasp the fundamentals of investing in shares and the risks that come with it.
Furthermore, if you plan to purchase shares in a corporation, you usually trade through an online share trading platform (broker). You can also indirectly invest in the share market via a fund, such as an ETF (exchange-traded fund) or managed funds.
Additionally, there are plenty of investment applications on the market that can assist both experienced and new investors in trading stocks from their home's comfort.
These are some of the best investment platforms available online:
Make sure you're aware of the costs associated with these applications and that you've carefully read the terms and conditions.
Further, some people prefer investing in cryptocurrency apart from trading shares which is the latest trend worldwide. However, this requires some caution as cryptocurrencies can be unpredictable and fluctuate a lot.
If you want to get started with cryptocurrency trading, you can try the following crypto trading platforms:
eToro Australia Exchange - Best for copy trading, low fees & secure (Our Recommendation)
Binance Exchange - Best for serious trading
CoinSpot Exchange - Most secure
Digital Surge Exchange - Lowest fees
Before you begin your investment journey, consider whether investing in shares or cryptocurrency is appropriate for you, given your circumstances.
While investing in shares or crypto can be beneficial to increase your money over time, it is usually riskier than opening a savings account and putting all your money there.
Also, there is a chance that you may lose your money by investing in the share or crypto market.
2. Start A YouTube Channel
You can try publishing some videos on YouTube if you have a specific skill set or a unique pastime or passion that people might be interested in. For instance, if you like fishing, you can post some videos about fishing tips and tactics.
Once you have a decent following on your YouTube channel, you can start earning money through advertising.
YouTube is also an excellent platform for younger individuals to earn extra income. However, the key challenge of joining YouTube is coming up with engaging content regularly. You may need to use a new, distinctive approach, talk with enthusiasm, and establish an exciting structure with regular surprises to hold your audience's attention.
You can also monetise your YouTube channel with the following platforms:
Another method to make money is to sell your skills by completing different projects and tasks online. For instance, if you are a graphic designer, writer, or developer, you can promote your services online and find different companies or clients ready to pay you for your skills.
It is important to note that some platforms may deduct a project or service fee from your earnings, so be well-informed about these charges or fees before signing up.
Some of the most common freelancing jobs include:
4. Online Tutoring
If you have a skill, there will always be someone interested in learning it. Using this expertise to your advantage can be accomplished through online tutoring.
You can always go for popular options, such as becoming an English teacher or a math tutor, which will help you market your skill-set online and attract more students. However, there are a lot of other methods to provide tutoring services online.
For instance, you can teach them how to sing opera or how to pronounce a particular accent — pretty much any skill you possess.
These are popular platforms in Australia where you can register to become an online tutor:
Mostly, tutors are teaching various subjects such as English, French, Spanish, Mathematics, Physics, Chemistry, Biology, IT, Designing and Accounting. Also, other subjects like Music, Arts and Finance.
5. Affiliate Marketing
Affiliate marketing is when you market a product on a social media platform or a website in exchange for a commission you receive on any purchases made through your referral.
For instance, you can direct someone to Amazon to purchase personal care products, eBooks, or clothing. If they purchase one of the items during that visit, you will earn a cut of the proceeds. This can range from 2 to 12 percent of the overall cart value, which can help you make some extra money for your time and effort.
To begin with affiliate marketing, you must first select a platform through which you can sell different products and services. Many individuals start by creating a blog or website to post things like product reviews that usually link to the product listed on Amazon.
You can also do affiliate marketing on social media platforms like Facebook. Mainly, you may utilise affiliate marketing anywhere you can add a website link to the service or product for which you are an affiliate.
Here are the most popular affiliate marketing websites in Australia:
Blogging has become one of the most popular ways to make money from home in Australia, but it takes a lot of time and effort to start up and maintain your own blog.
Once you start blogging, you must make sure to start publishing blogs on a regular basis and attracting more traffic to your blog. Blogger, WordPress, Tumblr, Weebly, SquareSpace, and Wix are some platforms you can use to start a blog. You can also use other channels, such as social media, to raise awareness about your blog.
Further, if you want to improve your digital marketing or SEO skills, Google offers free courses. The platform is called Digital Garage. It has many helpful programs that can help you to improve your online branding.
Remember, the more traffic your blog receives, the easier it will be for you to form partnerships and monetise your blog.
Here are a few ways to generate money with your blog:
Doing sponsored posts
Selling advertising space
Selling your content to digital media or news sites
Writing product reviews
The amount of money you make from your blog is determined by several factors, including the competitiveness of your topic, the quality of your content, your audience's retention and engagement, and how you can subsequently build traffic from that engagement.
7. Sell Items Online
Do you possess unused jewellery, clothing, or sporting equipment? Or maybe a kitchen appliance or a piece of furniture that you don't use anymore?
There are plenty of applications and platforms available online to sell unused or unwanted items. These platforms include the following:
Make sure to look at the prices of similar products on the site you've chosen and consider the item's original worth and present condition before putting a price on it. You might be amazed to know the price individuals are ready to pay for your items.
8. Online Surveys
If you have some free time on your hands, you may earn money online in Australia by completing internet surveys.
Some market research firms provide cash, while others may offer vouchers. The overall amount may vary, depending on the platform you are using to complete an online survey. You can also make extra money by introducing friends to take the surveys.
These are the best platforms you can use to complete online surveys:
Before you sign up on any site, please do some research to see whether their reward system works for you or not.
9. Start a Podcast
Podcasts are becoming increasingly popular each year. According to a recent study, the number of monthly podcast listeners increased by 10.1 per cent in 2021 compared to the previous year, with around 117 million individuals tuning in for one episode.
If you understand the importance of content for your brand, you already understand the significance of podcasting. As audio is preferable over long-form information, it helps you reach new audiences that would be otherwise unreachable by long-form content.
You can use the following free applications to record your podcast:
10. Transcribing Audio Recordings
Usually, you will find that transcription jobs are divided into three categories, such as:
Transcribing audio files may appear simple, but it is challenging and can take a long time. Sometimes, you may even be asked to translate someone who does not speak English well, and you may end up with a poor-quality audio file.
Most companies provide a 48-hour window to submit your work and allow you to take on as much or as little work as you want.
11. Virtual Assistant
Many businesses online are trying to outsource jobs to virtual assistants since they cannot afford to engage full-time staff. You can perform various tasks as a virtual assistant if you are natural with social media and have admin skills, ranging from replying to emails to scheduling social media postings, moderating forums, and optimising outdated content.
You can look for virtual assistant jobs on different platforms, including Airtasker, Fiverr, and Upwork. As per data shared by Airtasker, if you accomplish more than five jobs each week, you may easily make around $1,000 per month as a virtual assistant.
Remember, if you are using an online platform like Upwork, start by performing a job for a low price and getting some excellent rating and feedback before applying for better-paying, longer jobs.
12. Social Media Consultant
Once you start working as a social media consultant, brands will get in touch with you to design a content strategy, discuss new ideas, make videos, and more. As a social media consultant, you can administer the business from your smartphone, making it one of the best money-making prospects for digital nomads.
As a social media consultant, you will aim to increase brand exposure and attract the right audience. Hence, you must know how to manage a community and create viral content.
13. Sell Photos
If you have a good camera and have an eye for photography, selling your photos can be one of the best ways to make money from home in Australia. If your pictures are useful, many popular websites, such as Shutterstock and Adobe Stock will purchase them instantly. So you must ensure clicking high-quality images.
Also, keep in mind that the money you make through selling your photographs is usually just some percentage of the total money made through your photos.
Note: Before beginning to capture photos for sale, conduct thorough research on what type of photos are the most profitable and in high demand.
Popular platforms where you can sell your photos online:
14. Create Online Courses
Do you have a lot of knowledge in a specific field? Are you an expert in your area? Try creating an online course and teaching others. Nowadays, a simple alternative is that popular online platforms such as Teachable, Udemy, Learnworlds, and Podia are easily accessible.
You will undoubtedly need to perform a lot of marketing first to make your online course effective. However, you can always automate it later, allowing you to generate a solid passive income.
Some of the best platforms where you can sell your courses include:
15. Data Entry
Data entry is one of the simplest methods to make money online because it requires no prior experience. If you aren't already swift at entering data, you will soon be there!
Anybody can frequently do data entry with an internet connection from anywhere. To keep your salary competitive, you may need to differentiate yourself based on dependability and accuracy. Freelancing sites and standard employment websites are both excellent places to look for work.
Note: You can look for data entry jobs through family, friends, and local businesses. Remember, if you get a job with an Australian firm, the salary will be a lot better.
The best freelancing websites to find Data Entry Jobs:
In recent times, dropshipping has surged in popularity as it can provide a passive income. The concept behind dropshipping is that you run an online store but do not purchase any inventory. Instead, you work with a wholesaler who will ship the item to your consumer directly.
So, rather than buying large quantities of merchandise and then being responsible for selling them, you are simply purchasing wholesale products one at a time at wholesale pricing.
It is a lot easier to start a business this way because you just require an internet connection and a bit of marketing know-how. The best is to start your online store and contact dropshipping suppliers, which allow you to sell their products online. Most people use Shopify to open up their first online store.
You can find a list of the most popular Australian dropshipping suppliers here.
Now that you know everything about how to make money online in Australia, you are ready to explore your options and make a good income.
Useful Links to Explore: