Uber Driver Australian Pension Supplement
A large number of Australian baby boomers rely on the age pension as their primary or only source of income. The OECD report Pensions at a Glance found that more than one third of Australian pensioners were living below the poverty line, making Uber driving an ideal income supplement for them.
Being an Uber driver is great for a baby boomer pensioner because, unlike other forms of income, it can be structured so that it doesn't affect the size of the pension that can be claimed. This is because expenses that would be incurred anyway become legitimate business expenses, reducing the "paper profit" from Uber driving to zero or even less than zero and therefore not reducing the pension amount. See How Do Taxes Work for Rideshare Drivers?
Uber Driving in Australia
Baby boomers receiving the age pension are by definition retired, so another big advantage of being an Australian Uber driver for them is the ability to set their own hours.
And, because they can drive for Uber any time they like, they can choose the days and times that are most profitable.
An age pensioner wanting to become an Uber driver needs to have a decent vehicle (the actual requirements vary from state to state - after you sign up with Uber through our link, you'll see the Uber Driver Requirements section for details and also how to get started with your application). And as an extra reward, we'll put your name and link on our website so that your friends can sign up through your link.
You need to be able to submit documents online, including your Australian driver's licence and personal identification such as passport or birth certificate and to be able to download the Uber driver's partner app and (not essential but useful) the Uber rider's app to your smartphone.
Most baby boomers are sufficiently technically competent to do all this but if you're not, you can seek help from a family member, a friend or even your local library. They'll have you qualified as an Uber driver in no time!
As for so many things, the hardest part is making the decision to get started.
UberEATS in Australia
As well as being Uber drivers, delivering passengers to their destinations, many baby boomers enjoy delivering meals from restaurants to the customers ordering them. This service is UberEATS, and you can apply by clicking Deliver with UberEATS in Australia.
Uber Driver Podcast Interview
Harry from our sister site in the U.S. is a big fan of podcasts and frequently uses them to interview both subject matter experts and ordinary, everyday rideshare drivers like you and us.
We plan to do something similar in the future, but in the meantime we can all get something out of this interview Harry did with Rob Saunders, a baby boomer who was laid off from his regular job and now drives for Uber and Lyft in Long Bay, California.
The Good and the Bad of Uber Driving
On the podcast, Harry covers all of the good and the bad about being a rideshare driver and Rob shares some great tips for keeping sane on the road. This was a truly inspiring podcast for Harry and Rob even motivated him to make a few changes in his life 🙂
Listen here: Why Baby Boomers Are Flocking to Uber and Lyft
Uber Drivers Podcast Transcript
If you'd rather read a transcript of the podcast instead of listening to it, you can