Set Up My Business was featured on Channel 9’s A Current Affair in a story exploring how more Australians are taking on second jobs and side hustles in response to cost-of-living pressures.
As part of the feature, Eric Dickler, founder of Set Up My Business, shared insights into what we are seeing across new business registrations, including trends around ABNs, GST registration and the growing number of Australians using business structures to support secondary income.
Watch the Original Story
What the story covered
The A Current Affair story focused on the rise of side hustles and second jobs across Australia, as more people look for ways to supplement their income.
The feature looked at how Australians are turning skills, hobbies and small business ideas into additional income streams, and what that means in practical terms when it comes to setting up properly.
strong interest in ABN setup from working-age Australians
relatively low GST registration rates among many new applicants
signs that a large number of new registrations are linked to secondary income rather than full-scale business operations
Why this matters for side hustlers and new business owners
Starting a side hustle can feel simple at first, but once income starts coming in, it is important to understand your obligations properly.
applying for an ABN
choosing the right structure such as sole trader or company
registering a business name
understanding when GST registration may apply
keeping proper records for tax time
At Set Up My Business, we help Australians take care of these steps clearly and simply so they can get started with more confidence.
How Set Up My Business can help
We help Australians set up their businesses correctly from the start, whether they are launching a side hustle, registering as a sole trader, setting up a company or securing their business name.
Our services are designed to make the process faster, easier and less confusing, especially for first-time business owners.
Need help setting up your business properly?
Whether you are starting a side hustle or launching a full business, we can help you choose the right setup and get registered correctly.
Disclaimer: Set Up My Business (SUMB Australia Pty Ltd) is a privately owned company and is not affiliated with, endorsed by, or a representative of the Australian Government, the Australian Taxation Office (ATO), or ASIC. SUMB is a registered ATO Digital Service Provider (DSP) and ASIC Digital Service Provider (DSP Agent No. 45652), as well as a registered Tax Agent (No. 26053726). Our services assist individuals and businesses in completing registrations through the relevant government bodies.