Gig economy creates ripples in Australia's A$2.1 trillion pension pool

Sydney

WHEN ride-hailing company Uber started in 2014, Sydney resident Rosalina Kariotakis was among the first drivers to sign up, becoming part of the "gig economy" where freelance work is transforming the traditional job market in step with advances in technology.

Mobile or online platforms are at the forefront of a boon in casual work for individuals who are seeking greater flexibility for less security - many of them are giving up benefits such as sick leave, life insurance and pension fund savings.