The Australian Gig Economy

THE AUSTRALIAN GIG
ECONOMY
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Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
CONCLUSION...............................................................................................................................7
REFERENCES................................................................................................................................8
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INTRODUCTION
Gig economy is the platform define as the two sided digital platform which works in
matching the worker on one side and customer at the other side. This report highlights the
impact and presence of the same in the Australia. This report explain the meaning and how gig
economy of Australia work in Australia, after that report explains the Australian economy size
of the Gig economy, demographic profile of different Gig worker in the Australia and Online gig
economy Demand and Supply. In the end the report explain the opportunity and risk of same in
adopting the same in long run.
MAIN BODY
In the rapidly changing environment toward the technology there is good sort of trend of
having a employee who used to work at the temporary basis or the one who are ready to work as
a freelancer for any of the business (Kässi, and Lehdonvirta, 2018). Gig economy generally
undermines the tradititional economy which used to consider the full time worker who rarely
used to change their position or if they changes than also they focuses on a lifetime career of
them in the long run (Gig economy Australia, 2016).
Another definition of Gig economy as per OCED (2019) is the Gig economy is the platform
define as the two sided digital platform which works in matching the worker on one side and
customer at the other side as per the services needed or available.
How does online gig economy of Australia work?
Gig economy in the Australia not only work as a monolith it generally used to raises from
the commodity style jobs such as the one offer by the Uber to micro specialized job for the
different big organization in the Australia. Different companies generally used to contribute to
the gig economy in the following way.
 Used collect a good amount of porting from job earning of the individual, as individual
in online gig job used to get lower salary as compare to traditional worker.
 Gig worker generally perform the activity of brand development of the company which
generally used to prove very important for all the business in long run.
 Also gig Worker used to control and manage the provider client relationship in place of
different organization in the market.
Australian economy size of the Gig economy
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