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Uber Eats Statistics

Report Highlights

  • Uber Eats launched in Australia in 2016. It is available for both iOS & Android devices and can also be accessed using web browsers.
  • Each year, Aussies spend approximately $2.6 billion on food and drink orders made through popular food delivery companies such as Uber Eats, Foodora, and Menulog.
  • Uber Eats takes between 20 and 30% of the total revenue generated per trip.
  • Aussies make approximately 7,000 food delivery orders an hour.
  • Uber Eats provides job opportunities for approximately 59,000 people in Australia.

More statistics: Employee Statistics, Credit Card Statistics, Welfare Statistics.

uber eats statistics

User Statistics relating to Food Delivery Services

  • One in every three Aussies who reside in major cities uses food delivery services.
  • Food delivery services represent 12% of the sales made in the takeaway food delivery, café, and restaurant industry.
  • The food delivery industry in Australia has grown by 18% over the last three years.
  • In 2018, Australians spent about $12,300 on food and non-alcoholic drinks alone.
  • Uber Eats is the largest food delivery service in 2021, serving 12.8% of Aussies, up from 11.5% in February 2020. The new numbers are contributed to by, one in five of the millennials and another 20% of Generation Z.
  • The platform was available in more than 18 cities as of 2019 and it supports over 30,000 restaurants within Australia.

Delivery Workers Statistics

Uber Eats supports 59,000 workers in Australia, a figure which has been consistently rising over the years. It started with 7,000 in 2016 increasing to 27,000 in 2017. It then shot up to 46,000 and then 55,000 in 2018 and 2019 respectively.

  • During peak hours, the average delivery worker on Uber Eats can earn as much as $21.6 hourly. Workers who make deliveries using cars make an average of $20.47, cyclists $21.92 and those using motorcycles an average of $21.97.
  • As far as fulfilment is concerned, majority of the workers agree that they’ve got flexible working conditions. 89% of them report a high level of satisfaction, 7% are neutral and 5% report low levels of satisfaction.
  • Three in five Uber Eats workers clock 20 or fewer working hours per week with only 21% of the total reaching 30 or more hours per week.
  • Majority of the workers, 32%, work between 11 and 20 hours per week.
  • Uber Eats workers take part in other activities outside of the deliveries with 34% of them studying and 79% of them employed at one or more jobs.
  • Uber Eats also provides support to workers who would otherwise be unable to pursue traditional employment opportunities. Of its employees, only 7% would qualify for the traditional employment spots while up to 60% would find it difficult.
  • 81% of Uber Eats workers are satisfied with the job, 82% say they love the work itself, 75% like the hours worked while 67% say it was the pay that they like.
  • The basic average cost incurred by all delivery workers includes $37 worth of background checks, and a $45 the delivery bag. In the case of cars owners, there is an additional maintenance cost approximated at $0.08 per km while the maintenance cost is $0.06 and $0.04 per km for motorcycles and bicycles respectively.

Competitor Statistics

In 2018, the combined penetration of food delivery services in Australia was 32%.

  • Uber Eats topped the list with a 19.5% penetration followed by Menulog at 18.6%, Deliveroo at 9.7% and Foodora (which exited the Australian market the same year) at 5.3%.
  • Australians spend a significant portion of their money on food delivery each month. Customers employing Uber Eats services spent a monthly average of $946. Deliveroo and Foodora user spent $836 and $885 each month.
  • The average number of orders made per month varied for each delivery service but none exceeded 3 orders per customer.
  • Menulog and Deliveroo had an average of 2 orders a month while Uber Eats and Foodora got an average of 2.2 orders every month.
  • The average value of orders made by customers on the respective services had Menulog at the peak with $39.6, followed by Uber Eats at $36.5, Deliveroo at $34.4, and Foodora at $33.7.

The average spending of Aussies on food delivery services has since increased.

  • By February 2021, customers were spending an average of $44 per delivery order on Uber Eats’ platform, a figure also recorded for Menulog customers.
  • DoorDash customers had the lowest average spend at $39 while Deliveroo customers led the charts with an average figure of $51 per order.

COVID-19 Pandemic Impact on Uber Eats

  • 77% of Uber Eats’ delivery staff were not eligible for governmental support during the COVID-19 pandemic.
  • 65% of these staff cited VISA restrictions as the main reason for ineligibility.
  • 60% of the delivery staff joined Uber Eats to support themselves against the adverse effects of the pandemic.
  • In response to the COVID-19 pandemic 31% of the staff increased the number of hours logged.
  • As compared to before the COVID-19 pandemic, Aussies are spending 210% more on Uber Eats orders.

About Uber Eats in Australia

An extrapolation of the car rideshare company Uber, Uber Eats was launched in 2014 as an attempt to expand into other areas of the transport sector. Uber Eats is essentially an Uber service focused on delivering food, drinks and grocery products to its customers. The service which started in San Francisco, California has since grown to cover various parts of the world.

Uber Eats’ business model is quite simple. After the customer skims through the desired menu on the Uber Eats app, he/she places an order and is then able to track its progress until delivery. There are a variety of food items available from different groceries stores, dinners and restaurants.

Despite seeing steady and continued investment, Uber Eats has hardly been profitable. The company maintains that it anticipates to net financial benefits once it spreads enough to the point of reaching market stability. The lack of profitability could be seen as a source of concern especially considering that the COVID-19 pandemic scaled up the number of orders made. It could also be argued that the company’s model of paying drivers more than the fee paid by customers for delivery is not a route towards profitability.


  1. If Uber’s Food-Delivery Business Isn’t Profitable Now, When Can It Be?
  2. Average monthly spend on takeaway food in Australia in 2021, by app or service
  3. The pandemic has more than doubled food-delivery apps’ business. Now what?
  4. What’s the Average Spend on Food Delivery Apps?
  5. Meal delivery services Uber Eats, Menulog, Deliveroo and DoorDash experienced rapid growth during 2020 – a year of lockdowns & work from home
  6. Making delivery work for everyone
  7. Australian report on the Uber delivery experience: ‘Making delivery work for everyone’
  8. Australians spend $1,590 each year on delivered food
  9. Uber Eats reveals how Aussies are eating in 2019
  10. The use of meal delivery services like Uber Eats and Deliveroo in Australia has doubled in 18 months, according to new research

Apple Pay Statistics Australia

Report Highlights

  • Apple Pay was launched in October 2014 following a long period of development as the giant tech company sought to incorporate payment start-ups and leading banks.
  • Customers using the service can conveniently pay their bills or complete other monetary transactions via the iOS app or the Safari browser.
  • Apple Pay is available in over 50 countries, including Australia.
  • As of 2018 December, Apple Pay had a user base of 43% of iPhone users.
  • Based on current figures and estimates, Apple Pay has been forecasted to control a tenth of global card payments by 2025.
  • 90% of iPhones are compatible with Apple Pay.
  • According to the Federal Reserve Payments Study, a sum of $7.08 trillion was transacted on the platform in 2018.

More statistics: Uber Statistics, Tipping Statistics.

apple pay statistics

User Statistics in Australia

Apple Pay officially arrived in the Australian market late in 2015 following a partnership with American Express. Several major banks, later on, followed suit in supporting the service. While Samsung Pay and Google’s Google Pay have stood out as its main competitor, other services like Fitbit Pay and Garmin Pay have come up strongly.

  • About 90% of all Aussies own a smartphone, and three out of every five use their phones to make cashless payments.
  • As of March 2021, more than 40% of the combined debit and credit card numbers of contactless transactions in Australian banks were done through digital wallets.
  • Lifestyle, electronic devices, sports, and food & beverages top the industries in which Apple Pay services are used, at a combined score of 16%.
  • Apple Pay saw the highest penetration figures in 2020 at 6.5%, an increase from 4.1% recorded in 2019 and 3.7% in 2018.
  • Comparatively, Google Pay, a close competitor in the contactless payment industry, justified 4.1% in 2020, 3.6% in 2019, and 2.3% in 2018.
  • Samsung Pay, the third-largest financial service provider, offering contactless payment options to customers, recorded fairly static growth. In 2018, only 0.7% of the population had taken up Samsung Pay, a proportion which rose to 1.0% in 2019 and remained as such in 2020.

Apple Pay Usage Statistics within Different Age Demographics

The use of Apple Pay in Australia varies across the Aussie population, with the highest figures being recorded by the cohort aged between 18 and 40 years.

  • Only 3% of persons aged between 18 and 29 years were invested in contactless mobile payment methods in 2016. By 2019, this figured had risen to 18%.
  • There was a change from 6% to 18% for the number of persons between 30 and 39 years who used contactless mobile payments at least once a week in the same period.
  • When considering those between 40 and 49 years, the increase was from 5% to almost 9% between 2016 and 2019.
  • The only decline in usage between 2016 and 2019 was recorded by the cohort aged between 50 to 64 years, where there was a drop from about 6% to about 5.5%.
  • The figures for those above 65 years who use contactless mobile payment services consistently remained under 5% in the same period.

A Roy Morgan study revealed the following findings with regards to the use of contactless payment options in Australia:

  • The young people focused on trends and technology (defined as 200 Metrotechs by Roy Morgan’s Helix Persona) are the biggest consumers of contactless payment services, with 17% of them using either Apple Pay, Samsung Pay, or Google Pay.
  • Penetration of contactless payment methods is high in Australia. There is at least 1 contactless point of sale terminal (POS) for a stretch of every 25 citizens.

Impact of digital payment options

  • FIS Global Payments found that the number of contactless in-store payments (including figures for Apple Pay) made in 2020 exceeded physical payments. The total face-to-face payments fell by 50% in Australia.
  • The Coronavirus pandemic led to a spike in the adoption of Apple Pay to settle payments for goods and services. Merchants across Australia reported a 69% increase in transactions during this period.
  • According to the Commonwealth Bank of Australia data, the year-over-year comparison showed a 90% increase in digital wallet transactions as of March 2021.

The figure represented a surge from 36 million transactions in March 2020 to 68 million transactions in March 2021.

  • Digital wallets like Apple Pay saw debit card users move an average of AU$29 per transaction as of May this year. The figure for credit cards users under the same considerations was AU$44.

Banking, Provision of Service and Revenue

To provide services, Apple Pay leverages a user-friendly interface that allows customers to make their payments with ease.

  • Apple doesn’t charge its users any fees for using the Apple Pay service.
  • Apple Pay works with over 100 banks and card issuers in Australia.
  • Apple Pay’s heightened security protocols on transactions limit the volume of customer data stored on a merchant’s device to 65%.
  • Based on a controlled sample by Mozo, it was determined that 70% of bank account providers in Australia offer Apple Pay Services. Further, 70% of these banks support Google Pay services, while 55% have Samsung Pay services.
  • Apple Pay charges a 30% commission on payments made using the platform.
  • Affiliates that partner with Apple Pay get 1.8% of the transaction fee.
  • Apple Pay may require you to enter your PIN for purchases over a certain amount – $200 in Australia.
  • In 2018, Apple Pay, as a P2P payment system, was ranked best among similar providers with a score of 76%, excelling in data privacy and payment authentication.
  • As of 2019, Apple Pay’s peer to peer users contributed 15% to the overall P2P population.

What is Apple Pay?

Apple Pay is a digital payment and wallet service offered by Apple Inc. exclusively for consumers under the Apple banner.  Initially only accessible via credit and debit cards in the US, Apple Pay has since expanded to several parts of the world, including Europe, The Middle East, Asia, South America, and Africa.

The launch of Apple Pay was meant to promote contactless payments, a nascent field at the time but whose development has been exceptional over the last few years. The service’s tremendous growth has more recently been seen with Apple Cash, an extension of Apple Pay, getting integrated to facilitate money transfer between users on iMessage. The latter is, however, only available to Apple users in the US.


  1. Apple Pay usage sees boost in Australia due to big bank support and COVID-19
  2. Apple Pay drives contactless mobile payment increase; older Australians might need a nudge
  3. Mobile wallet transaction volumes overtake cash payments in stores
  4. Apple Pay boosts contactless payments in Australia
  5. Australia considers new regulations for Apple, Google, and WeChat digital wallets
  6. Digital wallets poised to overtake contactless cards as instore payment of choice in Australia
  7. Consumer Payment Behaviour in Australia
  8. The Global Payments Report 2021
  9. Global Payments 2020-30: Australia’s Payment Challenge
  10. CBA predicts digital wallets set to become the most popular contactless way to pay
  11. Apple, Google and Samsung Pay adoption hits 10% in Australia: Roy Morgan
  12. Why Apple Pay Is the Highest-Rated Mobile P2P Payment Service

Employee Statistics

Report Highlights:

  • In Australia, 25% of retail shrinkage is attributed towards employee theft.
  • Globally, employee theft costs $48.12 billion in revenue loss.
  • In 2018, the Australian retail sector lost $750 million in revenue.
  • 55% of stock shrinkage in Australia is a result of employee theft.
  • Around 80% of Australian employees have considered engaging in employee theft.

employee statistics

Employee theft isn’t given as much prominence it deserves. In reality, this is a much more widespread issue than many people realize. This type of crime costs businesses an enormous amount of money every year and continues to be a major concern for all industries.

Such theft can also cause other issues within a company. It can lead to a reduction in payroll or increase in product or services prices. Employee theft may also have a snowball effect, leading to other workplace crimes as well.

Also read: Welfare statistics and Credit card statistics.

Global Employee Theft Statistics

Employee theft is a global issue, impacting countries and economies around the world. This results in a phenomenon known as retail shrinkage. It occurs across multiple retail sectors, causing billions of dollars in revenue loss.

  • Employee theft accounted for 39% of total shrinkage.
  • Employee theft increased by 11 percentage points within a year.
  • This resulted in a $48.12 billion loss.
  • In the US, 45% of the shrinkage was due to employee theft, costing the retail industry $16.56 billion.
  • Norway had the lowest shrinkage rate at 0.75%, but 30% was a result of employee theft.
  • Argentina had the lowest shrinkage rate in Latin America – 1% – but 90% was due to employee theft.
Region Shrinkage by Share Shrinkage by Value ($)
Europe 25% 10.22 billion
North America 45% 16.56 billion
Asia Pacific 22% 8.59 billion
Latin America 31% 3.35 billion

Employee Theft Statistics in Australia

At one point, Australia had the second highest rate of employee theft in the world. While the numbers have decreased, workplace theft has resulted in a significant amount of loss across the board.

  • Employee theft was responsible for 25% of retail shrinkage.
  • In 2018, it was estimated that 70% of workplace fraud was at the hand of current or former employees.
  • In 2018, of the $3 billion in retail shrinkage, $750 million was attributed to employee theft.
  • Employee theft results in $1.5 billion in lost revenue each year.
  • 55% of stock shrinkage is linked to employee theft.
  • Around 80% of employees have thought about or committed theft from their workplace.

Employee Theft by Industry

Employee theft occurs across all sectors. Nevertheless, some industries are prone to this type of organisational crime than others. Those engaged in retail industries are most likely to have to contend with employee theft.

  • APAC had the lowest apparel specialist retailer employee thefts at just 11%.
  • In Latin America, 75% of retail shrinkage in jewellery stores was attributed to employee theft.
  • In North America, 81% of non-grocery retailers experienced shrinkage due to employee theft.
  • In Europe, 40% percentage of shrinkage was a result of employee theft.
Region Apparel Specialist Retailer Department/Convenience Stores Jewellery Stores Home Improvement/Gardening Stores
North America 44% 71% 41% 28%
Europe 24% 40% 20% 23%
Latin America 40% 25% 75% 30%
APAC 11% 23% 20%

Employee vs. Customer Theft Statistics

Apart from employee theft, customer theft or shoplifting is one of the biggest reasons for revenue loss for companies around the globe. Combined, they make up the majority of why various sectors lose billions each year.

  • Combined, employee theft and shoplifting accounted for 77% of total shrinkage.
  • These two factors caused $95.01 billion in losses.
  • Globally, shoplifting was responsible for 38% of the shrinkage rate, causing $46.9 billion in losses.
  • Retailers tracked 88% of shrinkage caused by shoplifting.
  • In the Asia Pacific, 51% of the shrinkage was attributed to shoplifting, resulting in a $19.95 billion loss.
  • In North America, shoplifting contributed to 36% of shrinkage, but caused $13.2 billion in losses.
Region Shrinkage by Share Shrinkage by Value ($)
Europe 42% 17.17 billion
North America 36% 13.24 billion
APAC 51% 19.91 billion
Australia 39% 0.95 billion
Latin America 37% 4 billion

Tracking Global Employee Theft

It is just as interesting to discover how employee theft is tracked by employers and retailers. This provides insight into how common employees imagine the problem to be as well as their opinions of this phenomenon.

  • 87% of retailers kept track of global employee theft
  • 81% of European retailers kept track of employee theft.
  • 100% of retailers in America kept track of employee theft.
  • 90% of APAC retailers kept track of employee theft.
  • 90% of employee theft was tracked by Latin American retailers.

Motives for Employee Theft

Of course, what most employers are curious about is why employee theft occurs in the first place. The reasons for workplace theft can be rather varied. The causes range from personal to poor workplace environments.

  • 40% of employees engaged in workplace theft have previously had HR issues.
  • 13% of fraudsters acted out of fear of potential job loss.
  • Negative performance reviews resulted in a 14% increase of employee theft.
  • Around 59% of employee theft takes place in industries that are more likely to experience general theft.

Loss Prevention Statistics

Considering the state of employee theft, it makes sense for companies to gear themselves against this type of theft. Industries have taken various preventative methods and techniques to help reduce shrinkage across the board.

  • Currently, around 2.23% of employees are actively engaged in loss prevention.
  • 69% of organisations are incentivising loss prevention.
  • Between 1% and 1.49% of sales are contributed to loss prevention methodologies.
  • 50% of RFID technology is used against loss prevention.
  • Australia engaged in the lowest loss prevention spend, contributing just 0.76% of total sales.
  • Almost a 100% of Australian businesses reported using CCTV.
  • 79% of Australian businesses use alarm monitoring systems to prevent theft.

It is clear that employee theft has been and continues to be a rather significant issue among Australian businesses. The continuation in workplace theft is resulting in revenue losses of billions of dollars, impacting both employers and employees.

While Australia doesn’t hold the record for the highest amount of employee theft, it does rank rather high. At one point, the region experienced the second highest rate of workplace theft in the world. While the situation has improved, it has been far from eradicated.

Australia does appear to have some ways to go to reduce the issue as well. Despite experiencing a high level of employee theft, businesses have only contributed a small portion of earnings against loss prevention. At the same time, most businesses have made an effort to utilise some tactics such as CCTV.


[1] Global Theft Barometer

[2] iHR Australia, The Enemy Within: Dealing with Employee Theft

[3] NSW Crime Prevention, An Overview of Retail Crime in Australia

[4] HRM, Workplace Theft is Costing Billions

[5] Small Biz Daily, Theft in the Workplace: What Happens When an Employee Breaks the Law

[6] News.com.au, From Freebies for Mates to $150,000 Fraud, Employee Theft Costs Australian Businesses Billions

[7] JCK, Winning the Battle Against Internal Theft

[8] SHRM, Why is Workplace Theft on the Rise?

[9] University of Cincinatti, A View from the Top: Managers Perspectives on the Problem of Employee Theft in Small Businesses

[10] Sensormatic Global Shrink Index

Credit Card Statistics

Report Highlights:

  • 44% of Australians are using less cash than before the pandemic started.
  • Only 27% of purchases are made with cash.
  • 68% of Australians have at least one card.
  • 63% of purchases are made with a card.
  • 10% of Australians use payment instalment systems.

credit card statistics australia

The cash vs. card debate has been ongoing in Australia for quite a while. And, with Australia aiming to be one of the first completely cashless countries in the world, the discussion has ramped up even further. The increase in popularity of cards, particularly during the pandemic has seemed to edge cash out.

Nevertheless, completely eschewing cash in favour of cards isn’t as easy as anyone – including the Australian government – would have imagined. The statistics and numbers paint a clearer picture of the balance of cash and credit within the country.

Card Usage in Australia

There has been a surge in popularity in card usage within the country. Factors such as the global pandemic and the resulting health concerns have pushed people toward card transactions even more. However, there is more to appreciate in the role that cards play among Australian consumers and their financial position.

  • 68% of Australians have at least one card.
  • The average credit card balance is $2,868.
  • The average balance incurring interest is $1,523.
  • 21% of individuals between 18 and 34 were likely to have a second card.
  • The total expenditure via cards in 2019 was $333,721,838,132.
  • In total, 2,985,010,219 purchases were made via cards.
  • The average balance per card in 2019 was $3,264.
  • By purchase volume, Commonwealth Bank was the largest credit card issuer with USD 51.56 billion.
  • In 2019, Cards were used for 63% of purchases.
  • Around 50% of card transactions are made through contactless payments.
  • Cards are utilised in 52% of online transactions.
  • Total online sales via cards amount to $17.2 billion.
  • 5% of consumers were struggling with debt.
  • Credit card debt totalled $45 billion, with $31.7 billion being a result of interest.
  • Credit card companies charged $1.5 billion overall in fees.
  • In 2017, card fraud was up 13.9%, totalling $ 3 million.
  • By 2019, credit card use dropped by 8% over 12 months.
  • Credit card debt as a result of interest dropped by 10% during the same time period.
  • 45% of millennials have less credit debt than older generations.

Credit Cards vs. Debit Cards

Credit cards and debit cards often get lumped together when usage is considered. Despite this, there are many discrepancies between the cards, including the numbers in which they are issued and how they are used.

  • There are 13,668,490 credit cards in circulation.
  • There are 34,868,501 debit cards in circulation.
  • Debit cards have a higher circulation at 1.9 per capita when compared to credit cards at 0.68 per capita.
  • Around 66% of people under the age of 40 primarily use debit cards.
  • About 30% of online transactions are made via debit cards.
  • In 2019, Debit cards were used for 44% of purchases, while credit cards were used for 19% of transactions.
  • At POS, 29% of consumers will use debit cards, while 20% of purchases are made with credit cards.
  • It is predicted that by 2022, 30% of POS purchases will be made with a debit card and 22% with a credit card.
  • The average charge for credit cards was $103.49.
  • The average debit card charge was $48.02.

Reasons for Credit Card Use Decline

It is clear from the above sections that credit card use is on the decline, particularly among millennials. This is a departure from previous years and generations. There are several factors that have resulted in this current and future trend regarding credit cards.

  • 90% of millenials avoid credit cards as a matter of choice.
  • 10% are unable to be approved for a credit card.
  • 18% of millennials are concerned with accumulating credit card debt.
  • 22% of the generation want to avoid fees and interest rates associated with credit cards.
  • 21% wish to avoid spending beyond their means.
  • 24% would rather use their own money to make purchases and payments.

Cash Usage in Australia

On the surface, cash use can appear on the decline. Cash isn’t used as much for purchases and fewer people are making physical withdrawals. Despite this, cash continues to be an important and persistent force within the Australian economy.

  • Around $80 billion in cash is in circulation daily.
  • 75% of this is held as wealth by Australians, with only 25% being used for buying and selling.
  • In 2018, the average person visited the ATM 28 times a year, which was down from 40 visits per year in 2008.
  • In 2020, there were27, 870 ATMS in the country, a 5.03% decrease from the previous year.
  • 35% less cash is being withdrawn from ATMs.
  • However, the quantity of cash in the Australian economy is at a 50-year per capita high.
  • For every Australian, there are thirty $50 and fourteen $100 notes in existence.
  • In 2019, just 27% of payments were made via cash.
  • However in 2018, at Point of Sale, 35% of consumers used cash, making it the most popular payment method.
  • It is predicted that cash use at POS will drop to 17% by 2022.
  • Since the pandemic, 44% of Australians state that they are using less cash than before.
  • Individuals under the age of 40 are least likely to use cash with only 15% of transactions made using cash.
  • Individuals over 65 use cash for up to 50% of their purchases.
  • When the bill is $10 or less, 45% of people will use cash.
  • 15% of consumers prefer using cash to help with budgeting purposes.
  • In 2019, around 25% of people carried no cash in their wallets.
  • The average person carried about $45 in their wallet.
  • However, 40% of people stated that they hold onto cash outside their wallets.
  • Cash payments make up 7% of online sales.
  • It is estimated that around $50 billion is lost to the black economy each year.

Cards vs. Other Payment Methods

There are a growing number of payment methods in Australia. This includes mobile payments, third party online systems, and contactless payments. It is important to appreciate how the numbers differ when compared to card usage.

  • 4% of purchases were made via online payment systems.
  • Bank transfers make up 13% of online sales.
  • 22% of online sales are made via digital wallets.
  • In 2019, around 10% of consumers used contactless mobile payment systems.
  • Almost 1 in 5 people use contactless mobile payment systems.
  • 75% of Australians claim to continue to use contactless payment methods once the pandemic was over.
  • It is estimated that e-commerce fraud exists for 0.075% of online transactions.
  • Banks are charging retailers around $1000 to provide contactless payments.
  • In 2019, there were 31 million buy now pay later transactions, a 90% increase from the previous year.
  • It is estimated that about 10% of Australians use instalment payments.
  • 60% of buy now pay later users are between the age of 18 and 34.
  • 57% of buy now pay later customers use the service to budget their spending.
  • Around 44% of instalment payment users make less than $40,000 a year.
  • 20% of buy now pay later customer missed payments, resulting in missed fee revenue of $43 million.

This is the current status of cash vs. card in Australia. It is clear that cash usage is on the decline, but it will be quite a while before Australians cease to use cash completely. This is because physical currency continues to have significance and benefits beyond digital payment methods.

Card usage is on the rise, with debit cards being the most popular avenue, particularly among younger generations. Credit card usage isn’t as popular as it once was as younger generations have greater fear of debt accumulation.

What is at the forefront of Australian payment methods, though, is buy now pay later systems. An increasing number of people – particularly younger individuals – are utilising it as an alternative to other payment methods. This system makes it easier for cash-strapped individuals to pay off purchases without accruing interest with credit cards.


[1] Business Insider AU, Cash Was Predicted to be Dead in Australia as Early As 2022, But There Are Plenty of Reasons Why It Will be King for a While Yet

[2] The New Daily, Cash On Its Way Out as Coronavirus Accelerates Shift Towards Digital Payments

[3] JP Morgan, E-Commerce Payment Trends: Australia

[4] Reserve Bank of Australia, Consumer Payment Behaviour in Australia

[5] Finder, Australian Credit Card and Debit Card Statistics 2020

[6] Yahoo Finance AU, Here’s Why Australia Shouldn’t Go Completely Cashless

[7] Financial Review, Will Covid-19 Kill Cash in Australia?

[8] Statista, Leading Credit Card Issuers in Australia in 2015 by Purchase Volume

[9] ABC News AU, Credit Card Users Struggling Under Mountain Of Debt That May Never Be Repaid, ASIC Report Shows

[10] ASIC, 20-280MR ASIC Releases Latest Data on Buy Now Pay Later Industry

[11] The Guardian AU, ‘It’s Like the Wild West’: Is the Latest Buy Now Pay Later Service Just Rebranded Debt?

[12] Savings.com AU, Why Buy Now, Pay Later Is So Popular With Millennials

Welfare Statistics

Report Insights:

  • Australia ranks 7thout of 80 countries for quality of life.
  • The country has 16th highest GDP per person in the world.
  • Australia scores 7thout of 40 countries in terms of household wealth.
  • Australia is the 14th most expensive country to live in.
  • 81% of Australians have completed secondary school, higher than the OECD average.
  • The life expectancy in Australia is 83 years old, 3 years greater than the OECD average.
  • The job employment rate is 73.4%, well above the OECD average.

australia statistics

Australia is considered to boast some of the top standards of living in the world. Continuous economic growth, a good job market, and a general sense of satisfaction ensure that Australians continue enjoying a higher quality of life.

Of course, the standard of living is measured by a number of different factors. To understand how Australia measures up across the board, you have to consider each and every element. This helps to pain a far more comprehensive image.

Australia’s Global Position

It is important to appreciate how Australia ranks on a global scale. This includes comparisons with major developed countries like the UK, US, and countries belonging to the Organisation for Economic Co-operation and Development (OECD).

  • In terms of quality of life, Australia ranks 7 out of 80, ahead of Netherlands, Switzerland, and New Zealand.
  • The GDP per person is USD 57,374 making it the country with the 16th highest GDP per person.
  • Australia has the 25th highest purchasing power globally, with a PPP of 82.3.
  • Australians rank their life satisfaction as 7.3, well above the OECD average of 6.5.
  • 95% of Australians engage in civic participation, in comparison with 68% of other OECD countries.

Income and Wealth

One of the main ways that the standard of living is calculated in Australia is based on income and general wealth. The average income ensures that people are able to afford basic necessities, automatically improving the manner in which they live.

  • The average household income in Australia is $32,579 a year.
  • This is lower than the OECD average of $33, 603 a year.
  • Nonetheless, the average household net wealth is $427,064, which is higher than the OECD average of $408,376.
  • In terms of household wealth, Australia ranks 7 out of 40, ahead of Iceland, France, Canada, and Sweden.
  • 70% of Australians consider themselves prosperous or have enough of money to live on comfortably.
  • Australia has the highest median wealth per adult at USD 191,453.
  • Australia has the 2nd highest average wealth per adult at USD 411,060, with only Switzerland ahead.
  • The number of millionaires is forecast to rise by 41%, the 3rd highest growth in the Asia-Pacific region.
  • Just 6% of Australians have a net worth under $10,000 while the UK and US has 18% and 28% respectively.
  • However, the top 20% of the population make 6 times as much as the bottom 20%.

Cost of Living

It is a well-known fact that the cost of living in Australia is much higher than many other countries. It is less clear how the country compares to other nations, particularly those that are known for their higher cost of living.

  • Overall, Australia is the 14th most expensive country to live in with a cost of living index of 106.9.
  • In comparison, the UK has a cost of living index of 101.3 and the US has one of 100.
  • However, Australian cities have fallen as much as 26 places in the annual Cost of Living Survey list.
  • Sydney is the most expensive city in Australia, holding a global spot at 50.
  • Melbourne is the 2nd most expensive city, with a global ranking of 79.
  • Consumer prices in Sydney are 3.48% higher than those in London.
  • Restaurant prices are 19.07% higher in London than Sydney.
  • Grocery prices in London are 31.72% lower than in Sydney.
  • Australia has one of the highest transports costs at $141 a month – Germany comes in 2nd at $111.
  • The average single person can have monthly expenses amounting to $2,260.


As housing is a basic necessity, the availability and cost of housing can have a considerable impact on the overall standard of living. In Australia, housing costs have been on the rise, although wages and income rates haven’t always matched this increment.

  • On average, Australians spend 20% of their income on housing, which is in line with OECD average.
  • The average single person can spend $1136 on rent each month.
  • A family can spend between $1420 and $1832 on rent each month.
  • Median house prices across the country are $750,721.
  • This makes the house prices over 8.5 times the cost of the average monthly income.
  • In the UK, monthly rent can cost around $1331 and in the US this can be $1671.
  • Hong Kong is far more expensive, with the average monthly rent costing $3210.


Education is a significant indicator of quality of life and standard of living. A highly educated population tends to enjoy higher earnings. Such a population is also able to create a more engaging and logical community.

  • Australians can spend 21 years in school, which is the highest level in OECD.
  • 81% of Australians have completed upper secondary education which is higher than the 78% OECD average.
  • The average Australian student scored 502 in reading literacy, sciences, and maths.
  • This was far higher than the OECD average of 486.

Health, Healthcare, and Safety

General health as well as healthcare accessibility and facilities can tell you a great deal about the standard of living of a particular country. This is typically tied into better quality of life, higher life expectancy, and less stress related to healthcare costs.

  • Australia has a life expectancy of 83 years, three years higher than the OECD average.
  • 85% of Australians reported to be in good health, compared to the 69% OECD average.
  • 15% of Australians suffer from chronic disease which is lower than an eleven country average of 17.5%.
  • 4% of Australians have been diagnosed with obesity, higher than 21% OECD average.
  • The lowest obesity rate is in Switzerland at 11.3% and the highest is the US at 40%.
  • 93% of Australians are satisfied with their water quality, which is higher than the 81% OECD average.
  • Australia has a homicide rate of 1.1 which is lower than the OECD average of 3.7.
  • US healthcare spending per capita is $10,000 – more than 2 times the Australian expenditure.
  • Spending on private healthcare in Australia is $597 per capita – greater than the OECD average at $226.
  • Australia has 11.9 suicides per 100,000 people, slightly lower than the OECD average of 11.5.
  • UK has the lowest suicide rate at 7.3 deaths per 100,000 people and US has the highest with 13.9 deaths per 100,000.

Job Opportunities

For most people, being employed can determine their overall standard of living. Thus, higher earning potential and lower rates of employment can go a long way towards boosting the general level of satisfaction of the population.  Furthermore, the possibility of getting a job, particularly once you have graduated from school is just as important.

  • The employment rate for individuals between the ages of 15 to 64 years is 74.3%.
  • This is higher than the average OECD employment rate of 68.8%.
  • The highest employment rate is Iceland at 83.3% and Turkey has the lowest rate at 50.3%.
  • 3% of Australians have been unemployed for a year or longer, which is lower than the OECD average of 1.8%.
  • Should they lose their job, 5.4% of Australians can expect earnings loss, which is lower than the OECD average of 7%.
  • In terms of income, Australia rates 10 out of the 40 OECD countries, with regions like Austria, Norway, and Belgium offering better wages.


Once people are able to manage their basic necessities, leisure time and activities has an obvious effect on purported living standards. The more that people are able to enjoy their free time or afford certain activities, the more satisfied they tend to be.

  • Australians do struggle with work-life balance, with 13% of employees working very long hours.
  • This is higher than the OECD average of 11%.
  • Full-time workers are able to dedicate 14 hours a day to personal care and leisure which is lower than the OECD average of 15 hours.
  • Full-time employees get up to 20 days of paid leave for every year that they work in a given job.
  • The UK has the most days of annual leave with 28 days each year.
  • Mexico has one of the lowest paid leave at just 6 days.
  • Around 10,932,000 Australians depart for tourist travel every year.
  • China boasts the highest number of travellers at 143,035,000, while Tuvalu has the lowest number at 2100.

There is no denying that Australia does boast a high standard of living, compared across numerous factors. A significant portion of the population is able to complete their higher education and expect good employment once they have graduated. The average Australian is also able to make ends meet quite satisfactorily.

Nevertheless, there are several points that the country can improve on. This begins with closing the wealth gap and ensuring that a greater portion of the population is able to afford their own homes. At the same time, the average Australian should be encouraged to create a far better work-life balance and to take more leisure time for themselves throughout the year.


[1] OECD Better Life Index, Australia
[2] US News, Australia
[3] AMPLIFY Social Impact, Living Standards
[4] The World Bank, Australia
[5] Financial Review, How Australia’s Cost of Living Compares with Other Countries around the World
[6] The Economist, World in Figures
[7] Committee for Economic Development of Australia, Australia Tops Global Wealth Rankings
[8] Savings AU, How Expensive is Australia to Live?
[9] World Data, Comparison of Worldwide Cost of Living
[10] The New Daily, Australian Cities Slide in Global Cost-of-Living Rankings
[11] Money Smart Gov AU, What Do Australians Really Spend Their Money On?
[12] The Commonwealth Fund, U.S. Health Care from a Global Perspective, 2019: Higher Spending, Worse Outcomes?
[13] Statista, Employment Rate in OECD countries in 2019.
[14] World Economic Forum, People in These Countries Get the Most Paid Vacation
[15] Index Mundi, International Tourism, Number of Departures – Country Ranking

How to Become an Amazon Flex Driver in Australia?

Amazon Flex Australia
Not too long ago, Amazon’s delivery service was launched in Australia. The system is similar to Uber, except as an Amazon Flex driver, you will be delivering packages to individuals.

That’s right, people like you and I can sign up as an Amazon Flex Driver and get paid to deliver packages that are orders from Amazon.

Where in Australia is this Gig Available?

Currently, those who are in Sydney and Melbourne can sign up to be an Amazon flex driver.

How Can I Become an Amazon Flex Driver?

In order to qualify as an Amazon Flex driver, you will need to be 20 years of age or older, own a four-door car as well as an ABN and have a legit driver’s license. In order to run the Amazon app, you will be required to have a smartphone.

Amazon Flex Vehicle Requirements

Now that we have covered your requirements, let’s talk about the Amazon Flex Vehicle requirements. As we previously stated, you will need to have a 4-door car. This can be an SUV, or Sedan. As long as the vehicle has four doors and a covered bed, it should work.

This vehicle will also need to have car insurance that is up to date as well as compulsory third-party personal injury coverage.

The year of the vehicle doesn’t matter. However, we recommend a vehicle that is reliable (of course) because if you miss any deliveries, Amazon could deactivate you.

When it comes to your vehicle, from our experience, Amazon Flex isn’t that picky. As long as the vehicle is large enough to be able to carry enough packages that will keep you busy for a couple of hours, then it should be fine. Two-door passenger cars and motorcycles won’t qualify for this reason.

On top of the car insurance you already have, Amazon provides Amazon Insurance Coverage (this isn’t going to cost you anything and is subject to deductibles). This will cover you for your Amazon Flex deliveries.

How to Sign Up to be an Amazon Flex Driver in Australia?

In order to sign up to be an Amazon Flex Driver in Australia, you need to go to this site to download the app. Once you are on the site, click on the “let’s drive” section.

To determine your eligibility, you will be required to answer some brief questions (this shouldn’t take long). During this time, you will need to choose the area you can deliver in and take some time to watch some practice videos. You’ll also need to provide your payment and tax details.

Once you have the app downloaded, go ahead and set up your account. You will need to pass a background check. When you pass the background check, you can search for delivery opportunities that are suitable for you.

In order to search your area for available delivery blocks, all you have to do is open the Amazon Flex app on your smartphone. With each offer, there will be expected earnings as well as an estimation of the time it should take you to complete the delivery.

It’s Time to Start Making Deliveries

When the day of your chosen block has arrived, you will need to drive over to your designated Amazon location where you will be picking up the packages to deliver. You will need to use the Amazon Flex app and drive to each destination. At each destination, you will be delivering the package that belongs to that address.

Now it’s Time to Get Paid

Once your Amazon deliveries are done, it’s now time for you to collect payment for a job well done. Amazon Flex pays their drivers through direct deposit once a week. Using the Amazon Flex app, you can track your payments by going to the Earnings section.

How Many Amazon Block Deliveries Can be Done in a Day?

Currently, the daily limit is nine blocks. Most blocks will take between 3 to 4 hours. If you choose to work in a 4 hour block, it may be hard for you to reach the limit of 9 blocks.

How Many Hours a Week Can You Do Amazon Flex?

As an Amazon Flex Driver, you can get up to 29 hours of work each week.

How Much Money Can You Make as an Amazon Flex Driver?

As an Amazon Flex driver in Australia, you can expect to make anywhere from $18 to $25 an hour by doing blocks.  Also, if you work overtime, you will not be compensated for this.

Also, take note that you will be working as an independent contractor, which means you are responsible for your own expenses. This means you will need to pay for your own gas. However, if you encounter a toll booth while making a delivery, you can get reimbursed for that, just submit a toll reimbursement (this can be done via the Flex app).

Benefits of Being an Amazon Flex Driver

One of the biggest benefits of being an Amazon Flex driver is the freedom you get. You can choose your shifts when you want in various blocks and you get to pick the location that is suitable for you. There will be times when you will get a really good route, but there will also be times when you get a poor route. However, you shouldn’t let the bad times outweigh the good, because working as an Amazon Flex Driver can be exciting.

What We Think About Amazon Flex

For those of you who have been in a financial bind due to the pandemic, picking up a side job is a great idea.

Many are choosing to work for Amazon Flex as a driver because it’s flexible and you will get to pick your own times. You can do the deliveries in the morning, and by noon, head over to your second job (if you have one).

Either way you stack it, working as an Amazon Flex driver can be a whole lot of fun and a great way to make some money.

How to become an Uber Eats driver in Australia

Have you recently considered food delivery as a full-time or part-time occupation? You are certainly not alone.

become uber eats driver

After all, in the last few months the number of people using food delivery apps has doubled, with over 5 million Australians using such services.

Sign up here – Become an Uber Eats driver today.

Since Uber Eats is the category leader in online food delivery you might consider signing up with this company first.

Why Choose Uber Eats

So, what makes Uber Eats a good choice for you?

It has many of the advantages that you typically associate with this industry.

  • Flexible way to work – so you can work around studies, or other work or commitments
  • You can earn extra cash on the side
  • You can decide when to work, how many hours you want to do
  • No boss, no uniform, no interview
  • Easy to sign up and get started
  • Get out & about
  • Explore new areas

This includes keeping your own hours and choosing how much or little you want to work. As such, it is a great opportunity to make some money on the side.

If you earn tips, you are able to keep these to yourself completely. Thus, every trip that you make gives you the possibility of making additional money, particularly when heading out to more remote areas or catering to larger groups.

Uber Eats Advantages

There are benefits to being an Uber Eats delivery driver which other brands can’t match.

Uber Eats is a globally recognized name making it an automatic choice for many people, since they know that it is a brand they can trust. Uber Eats is used by millions of Australians.

Uber Eats is also known for its broad coverage across Australia, partnering with an impressive number of restaurants and eateries. This makes Uber Eats the #1 preferred online food delivery service in Australia, used by a greater number of Australians, which means a greater number of deliveries for you, should you sign up as a delivery driver.

With new delivery services entering the Australian market, competition is fierce.  Only those companies who innovate and deliver to customer demands will thrive.

Alternative deliveries

One such way Uber Eats is expanding the business is via a newly introduced alcohol delivery service. . This new service increases the demand for delivery drivers and creates more opportunities for trips.

Uber Eats has also expanded into grocery delivery, giving people the option to order groceries conveniently from the comfort of their homes. This meansthat riders and drivers can enjoy more steady work all throughout the day, rather than just around peak meal periods. Other food delivery platforms will often have lulls outside these times, with fewer deliveries.

Expansion into new categories creates additional usage occasions and more earning opportunities for Uber Eats delivery drivers.

Uber Eats Deals

Uber Eats frequently invests in deals and offers to drive loyalty and frequency of orders, increasing demand on the app and leading to less waiting around between trips.

Should I become an Uber Eats Driver?

If you are considering becoming a part of the food delivery industry, then there is no better service to start with than Uber Eats. It is a well-known and often used service that is already leading the way in Australia. As such, joining this service increases the chances of you making the kind of money that is necessary for your finances.


What is Micro Investing?

new zealand trading platforms
There are a number of Australians in the low-income group, which is why many can’t invest a lot of money in any ventures.

Or maybe you just want to start with a tiny amount.

Well, in reality, there are actually quite a few investments that you can make with a low income.

It is simply a matter of knowing what those opportunities are and understanding how to invest your money. This article will provide you with the information that you need to get started.

How to Invest A Small Amount?

The first thing that you will need to understand is how to invest if you aren’t earning a lot of money.

Most individuals who are earning minimum wage will often emphasize on the lack of funds as a major barrier to investing.

Now, while you may not be able to invest a large quantity of money in the beginning, it is quite likely that you do have more to offer than you can imagine.

One way to determine this is to look at how much you spend each month.

Don’t forget your expenses

There are, of course, essential expenses that you just can’t ignore. These include rent, utilities, groceries, and similar requirements. At the same time, once you look through your expenses, you may find that there are certain activities that aren’t all that practical. For instance, perhaps you eat out quite a lot or engage in leisure activities each weekend. By reducing such events, you will find that you are left with additional money to invest.

For the sake of argument, let’s imagine that you really don’t have any money to spare as you live rather frugally. In this instance, it is all about saving up until you have enough to invest.

So, put away whatever extra money that you can, even if it is just a few dollars every week or month. You will find that, within a short period of time, you will have been able to accumulate quite a bit. You can then invest this amount.

Finally, you need to find a broker that is able to accommodate your particular budget. While there are a number of brokers to choose from, their brokerage fees alone may prevent you from making a profit. This is why you need to make certain that, when totalled, you can afford all of the charges.

Also, you may want to opt for an online broker rather than a full-service one. While full-service brokers offer you a number of advantages, they can also be rather costly to place a trade with. As a result, you may end up investing loss or placing fewer trades. To avoid this situation, always go for a discount broker that you can afford.

Best Micro Investments in Australia 2021

You are now aware of how much money you need to get started. So, let’s move onto the best type of investments you can make if you are a low income earning Australian:

1. Exchange Traded Funds

When you only have a minimal amount of money to spare, it can be difficult to invest in more than one venture. So, not only can you expect lower profits, but you will also not be able to diversify your investments. The solution to this problem is exchange-traded funds or ETFs. Here, your money is collected along with other investments in a fund. Online trading platforms like etoro and plus500 offer these kinds of assets.

Then, a fund manager will use this money, collectively, to invest in different areas.

ETFs often have a low entry point which means that you shouldn’t need too much money to join one. Also, after you have joined an ETF, you also have the opportunity to sell your share, on the stock market as it is traded in this manner. This is an especially good option if you don’t have much prior experience in investing as well.

When choosing an ETF, there are a few factors to take into consideration. For instance, you should compare the various fees offered to you by each ETF. This will make it more likely that you can find one that falls within your budget. Furthermore, you should stick with an ETF that focuses largely on the Australian market and local companies. Trading with international companies could end up raising the taxes or fees that may have to pay.

2. High Yield Savings Accounts

If you want a rather passive way to make an investment, you may want to think of opening a high yield savings account for yourself. Here, your money will appreciate, depending on the interest rate attached to the account. Now, despite being termed as high yield, you should know that these accounts often don’t generate a lot of profits. This is largely because the interest rates tend to be rather low. Nonetheless, if you were able to find a bank that offers you a more competitive interest rate, then you may find yourself with a good opportunity. Also, if interest rates do increase, you stand to benefit from this movement.

As you can imagine, the best thing about this form of investment is that you can’t actually lose any money. So, if you are someone who can’t afford to lose any of your investments, this is certainly a good option for you. It is also a rather liquid investment – if you do need money at any point, you can simply withdraw it from this savings account.

3. Term Deposits

Term deposits do bear some resemblance to high yield savings accounts. To start with, this too tends to be a rather inert form of investment. You simply keep your money in an account and it begins to appreciate, based on the interest rate quoted to you by a specific financial institution. Depending on the account that you sign up for, there will be a certain maturation date attached to it. As with the savings account, you can be quite certain that your money will be safe as the Australian government guarantees deposits up to $250,000.

Nevertheless, before opening up a term deposit, you need to understand that once your money has been placed with this form account, you can’t take it out. If you do attempt to withdraw your money before the maturation date, you will find that there is a significant penalty in place. Also, term deposit accounts are affected by increasing interest rates as they have fixed rates. So, if there is an increase, there is no advantage for you.

4. Dividend Paying Stock and DRIPs

Believe it or not, you can actually take part in the Australian stock market, even if you aren’t earning too much money. Of course, in order to be successful at such a venture, you do need to be able to choose the right stock. In such a situation, you will find that dividend paying stock is often the best. Here, you will earn a profit on the shares that you have invested in. As a result, you can expect to get paid at least once or twice a year. This can act as a second income for you.

Another thing that you should consider is Dividend Reinvestment Plans or DRIPs. Here, the company will allow you to automatically invest any dividends that you receive back into the company. So, you will essentially be buying more stock in that particular organisation – due to being a member of such a plan, you can often get the shares at a discounted rate. The reason that this opportunity works well for someone earning a low income is because it lets you turn a small investment into a bigger one.

5. A-REITs

Most people automatically think of real estate when they think of investment. Of course, if you have a low income, then buying investment property can seem out of your reach. This doesn’t mean, though, that you can’t invest in property. Rather, you can join a Real Estate Investment Trust – these are known as A-REITs in Australia. This opportunity, too, relies on multiple contributions from various investors. This money is used to buy larger properties and you get to benefit from the profits from these investments.

You will find that there are some brokers that will allow you to invest just $500 in an A-REIT. So, as you can imagine, this can prove to be quite a good investment for you. To ensure a favourable outcome, nonetheless, you should be careful to vet every trust that you may consider joining.

How Much Do You Need to Invest?

The next question you will undoubtedly have as an Australian investor is “what is the minimum amount that I can invest?” There are some people who will argue that you can invest as little as $5 or $50, so you can look out for such opportunities. The downside of these investments, however, is that they will not generate much profit and will ultimately prove to be rather futile.

If you want to actually turn your investment into a success, then you need to start with at least $500. This will help you enter the market at a decent position and make a profit that will actually make a difference to you. This is the amount that you should aim for, if possible.

Now, in the previous section, the concept of reducing your expenses was discussed. If this is something you can do, try to ensure that you free up around 10 percent of your income on a monthly basis. Although this may sound like a rather significant portion of your salary, this amount allows you to reap more short-term and long-term rewards.

How to Know If an Investment is Right for a Low Income Earner

Even within the categories discussed above, there can be quite a bit of variation. This means that not all investment opportunities may be suitable for someone earning a lower income. Here are all of the markers to be aware of when analysing a possible venture:

Consider the Risk Involved

With many kinds of investment, there is always a certain level of risk involved. As such, you can stand to lose a small or large portion of the money that you initially invested in a venture. Of course, as a low income earner, you aren’t able to withstand risk as well as some of the wealthier investors. This is why you should always understand the rate or risk and determine if this is something that you can deal with.

For example, if you need access to the full amount of your investment money in the near future, this means that you are averse to risk. So, it is best to stick with options like savings accounts and term deposits. On the other hand, if you can do without that money, then stocks, A-REITs, and ETFs are great choices for you.

Analyse the Fees

As mentioned, most forms of investment have certain fees attached to them. If unchecked, these can quickly outnumber the amount you have saved up to invest. Therefore, you will not actually end up making much of a profit. This is why you should understand just how much any venture or trade will entail. This includes initial fees, management charges, taxes, and anything else that is included. This is the best way to avoid losing more money than you make.

Short-Term vs. Long-Term Profits

When you first start investing, you will need to choose between short-term and long-term investments. Examples of short-term options are term deposits while stocks can be considered a long-term investment. When deciding which one to choose, you should think about how soon you would like to see profits. If you will need to access your money soon, then short-term investments make sense. However, if you have the means and patience to play the long game, then long-term investments are great. Of course, if it is possible, you should try to have a balance between the two. This way, you can maximise on potential profits.

This is all you need to know regarding investments for low-income earners. As you can see, your salary doesn’t have to be a barrier to your future prosperity. As long as you invest your money wisely, you stand to gain quite a bit.

How Much Do Uber Drivers Earn

How Much do Uber Drivers Earn
Uber is really popular in Australia, but have you ever thought of working for the company?

You could make a pretty penny being an Uber driver part-time. Lets see how much do uber drivers make, and answer a range of other questions you may have.

Want to invest in Uber shares? The best broker for Uber shares is eToro.

How Much Does an Uber Driver Make in Australia?

In Australia, Uber drivers earn around $31.75 per hour. Uber takes its cut which is 27.5%. It is possible to earn $1000-$2000 per week if you live in one of the bigger cities like Sydney or Perth. This is the average salary for a driver in Australia, which can be more or less depending on these factors: how much you work or where you live.

In order to find out what the pay is, I had to check out websites where people share their salary. 1100 people reported their Uber salaries on sites like Indeed so this number seems to be accurate.

Interested in Uber Eats? Find out how much money Uber Eats drivers make in Australia.

Highest paying cities in Australia for Uber Drivers

City Hourly Wage
Sydney $34.53
Melbourne $30.74
Brisbane $30.46
Perth $35.60

Does Uber pay well? You decide.

This might be too low for some, while it might be quite good for other. In comparison the average pay per hour in Australia (hourly wage) is around $44. The minimum wage is $19.84 per hour.

How Can I Become an Uber Driver?

Uber Eats is looking for new drivers in Australia and New Zealand. For a limited time (October, 2021) you can earn an extra $200 after 10 deliveries (here are more Uber statistics).

The process is easier than you think. Just follow these steps:

  1. Sign up from their homepage.
  2. Send them the documentation they need.
  3. Start earning money.

become an uber eats driver

What is Ridesharing?

Ridesharing is when you’re linked to potential passengers through an app, being able to accept or reject them if you want. There are many ride-sharing apps available. Each of them lets you earn a different amount, as they charge differently per kilometer.

Although there are countless options to choose from, there are three main ones in Australia. They are Uber, Didi, and Ola.

You can invest in Uber by buying Uber shares.

The best is Uber and it’s extremely popular, as well. Let’s take a look at how much you can make working for each.

Uber Vs Ola Vs Didi – A Comparison


It is the most famous choice. This isn’t just true down under but across the world.

uber driver australia

They came into being in 2009. They entered the Australian market three years later. What’s great about them is that they can be used across the country, in all major and regional cities.

As of now, they charge $1.52 per kilometer. The company takes around 22-27% commission from what you make.

You can make more cash if you use surge pricing. They are periods where there is excessive demand for drivers. During such times, the rates for trips are much higher than usual.

There’s also the Uber Pro Driver reward system. The company rewards you for being an exceptional member of their team. With points allocated, you can use them to redeem goodies. It all takes place in a fixed three-month period. You can take part in the system by not cancelling rides and maintaining a high star rating.


Unlike Uber, Didi joined the market recently. They became an Australian ride sharer in 2018. Unfortunately, you won’t be able to access their services throughout the nation. They are only available in Melbourne, Perth, Brisbane, the Gold Coast, the Sunshine Coast, Geelong, and Sydney.

The company charges more than their counterpart – you will make $1.74 per kilometer. At first, Didi only took 5% off whatever drivers made. But they recently introduced the Didi Advance system. Depending on how you do, the extent to which their commission is taken differs. It could be as low as 0% charged. Riders say that the Advance System is very tough. This ensures that they don’t take time off, and never cancel rides.


Similar to its alternative above, Ola is rather new. They were introduced to Australia two years ago. In terms of the locations you can access the service in, they are Perth, Adelaide, Melbourne, Canberra, Sydney, and Brisbane. The ridesharing app charges $1.70 per kilometer, so you can make more than Uber. They take a minimum of 15% commission depending on where you’re going. This would be 20% in more regional cities.

They offer a driver incentive program called ‘VIP Rewards’. Similar to Didi Advance, if they perform at their best, drivers can drop the 15-20% charge to around 0%.

At first glance, it’s clear that Uber driver pay is not as much as its counterparts. After all, they only charge $1.52 per kilometer, and they take a minimum commission of around 20%. But you are not factoring in how steep the prices can be during rush hour. And their reward system isn’t as strict as their counterparts, so you won’t be slaving around.

What Are the Benefits of Driving for Uber?

Now that you know how much you can make, you might be wondering if you should work with them or not. Well, there are several benefits of being part of the service.

You Can Rate Passengers

One of the best things about the app is that it lets you rate passengers. This would let you deal with disruptive passengers with ease. And if you complain to the company about a trip you had, they will listen. They value their drivers as much as their passengers.

Payments Are Cashless

In Australia, Uber widely uses cashless payments. According to the city you’re riding in, cash payments may be possible, though. This is a benefit as you won’t ever risk getting robbed. There is a history of cab drivers being mugged in the country.

The Company Is Popular

Most people think about booking an Uber when going out. It’s the most popular option, so you’d get the most passengers with it. Yes, they charge less than Didi and Ola, but the fact that there are more rides means that you’d make more cash. And as their rates are so affordable, their demand keeps increasing.

As they are the most popular, working for them comes with the most prestige, unike smaller driving services.

Help Society

Being a driver for the company would also help you keep the streets safe, as you’d be transporting intoxicated people home, instead of letting them drunk drive. There have even been studies done on how the accessibility of Uber has reduced the number of drunk drivers on the road.

Have A Flexible Schedule

As we discussed with Didi, if you want to make the most use of their reward system, you can’t take any days off. This is concerning as one of the benefits of being a ride sharer is flexibility.

Uber wants you to be comfortable, so you can be as flexible with your schedule as possible. You won’t be considered a permanent employee. This helps many people use the platform to earn some extra cash, like saving for a trip abroad.

Surge Pricing

Surge pricing is one of the best things about using the service. As mentioned, it causes the fares for rides to skyrocket. As surge pricing takes place several times a day, you will also end up making a lot of cash.

Uber Eats

As you’ll see below, there are a set of requirements you need to meet if you want to join the ride-sharing service. Things are less strict with Uber Eats. You can even deliver food on motorbikes or bicycles in several parts of Australia. More people tend to tip Uber Eats riders as they’re delivering food, so you could make a pretty penny at the end of the day.

We’ll cover the average UberEats driver salary/wages in another article.

Women Riders

They have quite a few female riders, as well. As they have strict guidelines and excellent support, women drivers are known to be safe.

How Do You Make the Most Cash with Uber?

If you want to make the most cash, there are several things you could do. One of the best is to accept longer rides. Taking several short trips would accumulate the time you wait for customers. This would cost you gas money. And longer trips charge the most, so your pocket would be full at the end of the day.

As the app is flexible, and you can ride whenever you want, you might casually use the platform on the weekends. However, this won’t let you make a lot of money. Remember how we mentioned that surge pricing exists? You should plan your time on the app according to when rides are in-demand. You can probably guess when this is as it’s usually during rush hour in the morning and evening. But you can also log onto the app, and it would tell you when this is as you will see a lot of passengers sending requests.

Uber is notorious for charging a lot for airport rides. This is true for rides to-and-from the airport. By sticking around in an area with a busy airport, you’ll snag multiple high-costing trips You’ll especially be golden if you use a flight-tracker. It would tell you when planes land. This means you can be in the right spot at the right time.

You’ll also make more cash if you go into it to kill. You can treat working for the company like a full-time job instead of something you’re planning to do part-time.

The car you own plays a major role in how much you’d make, as well. If you’re thinking about registering for the service and don’t have a vehicle yet, look for one that is cheap to run. You would be on the road for hours, so a vehicle that eats up petrol is not good.

What Can Affect How Much You Make?


Many Ubers offer something a little extra, such as refreshments like bottled water and mints. They help drivers get the best ratings and tips. That being said, you’ll have to purchase them out of your own pocket.

Car Maintenance

It’s recommended that you don’t use an old vehicle when working for a ride-sharing app. If you’re driving people around all day, a less-than-great car would heavily get beaten down. You’d regularly have to change the tires and get its insides looked at.

The appearance of your vehicle matters too. You should regularly polish its exterior and attend to any chipping. This would influence how well you get rated.


If you’re thinking of getting a vehicle to make money off a ride sharer, get one that’s not too expensive. You’ll be stuck using whatever you earned to pay off the debt to buy it. We recommend a second-hand vehicle, but just make sure that it’s not beaten down.


No surprise, you’ll have to factor in petrol. The more rides you do, the more money you will make. But as you can imagine, you would also be spending more on gas.


There’s no way you can work for the company without vehicle insurance. You must have third party insurance as well as third party property damage coverage. We’ll be diving more into what they’re looking for in the coming part of our article.

Mobile Data

How would you accept rides without an internet connection? Thankfully, you can claim expenses for phone plans from your taxes.

How Do You Become an Uber Driver In Australia?

To begin with, you have to be over 21 years of age.

You will have to make sure that your vehicle is up to the company’s standards.  It will be inspected by the team through a pink slip inspection. Annual inspections must be done as well.

The company will also have to make sure that you’re fit enough to work for them. A background check would have to be done. They will look for things like criminal history and more. Depending on which part of Australia you live in, the rigidity of these standards may differ.

A copy of your birth certificate or passport is needed, as you can imagine.

You’ll also need to send in copies of your driver’s license. Uber required you to have held it for at least 12 months. When it comes to uber requirements Sydney, they are known to ask for extra documents along with the driver’s license. All drivers in New South Wales have to hand in a record of their driving record along with their licenses.

Another unique aspect is the state is a Passenger Transport License Code Application. It has to be added to their licenses, as the NSW governments requires this.

As mentioned earlier, proof of insurance is needed too.

Frequently Asked Questions

Is driving for Uber worth is?

When it comes to working for the company, you’ll be making a good amount of money.

They do not charge the most per kilometer, but they are the most popular ride-sharing service, so you’ll make the most cash. The fact that the price of rides skyrocket during in-demand hours helps you make even more. The company doesn’t require much for you to register as a driver either.

There are several things you can do to make sure that the amount you make is high, like limiting the number of short-rides you do and snagging as many rides to the airport as possible.

If you are considering working part-time as a Uber driver, we recommend it. You can work for them as much or little as you want!

Resources: Indeed Uber Salaries