Money Magazine

Hit a home run

More than one million Australians are swapping the 9-to-5 grind for the freedom of the gig economy, picking up work from a variety of freelance jobs – from driving for Uber to designing websites. Add a further 1.27 million people running single-operator businesses and it’s easy to see how the world of work has changed.

Like all self-employment, the gig economy can be rewarding from both a lifestyle and financial perspective. The downside can come when you want to buy a home.

“Generally speaking, it has always been more challenging for self-employed workers to secure a home loan, as it can be difficult to demonstrate a stable income and continuity of employment,” says Susan Mitchell, CEO

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