Bundaberg Regional Council

Business trends

The number of GST registered businesses in the Bundaberg Regional Council increased by 49 in the Jun-24 Quarter. There were 189 new GST registrations and 140 GST cancellations.

The Australian Government recently updated ABR data coding to align with the new Australian Statistical Geography. These changes were not communicated to ABR data users and caused anomalies in our published trend data due to previous processing methods. As a result, data for the last two quarters (Dec-23 and Mar-24) has been revised. More details are available here.

The Australian Business Register (ABR) is a register of all business entities and sole traders in Australia, based on Australian Business Numbers (ABNs), maintained by the Australian Taxation Office.

While ABR business data does not pick up all operations in a region (some companies are not registered at the location where they undertake commercial operations), the time-series data can be quite insightful. It can give you an indication of the short-term impacts of macro-events, and can also offer a sign as to how favourable local conditions are to establishing new businesses during normal times.

Changes in business counts by industry can show structural shifts within the economy and identify growth and declining industries. For example, growth industries will have high entry and exit rates due to the high failure rates of first movers and smaller high growth enterprises. Declining sectors will have low entry and high exit rates.

The raw business register dataset contains large numbers of ABNs which are not relevant to local government planning, including trusts, superannuation funds, non-active businesses and micro businesses not registered for GST. These have been filtered out of the data presented here, to provide a more meaningful dataset for Local Government Decision making.

Data are presented as aggregates of ABNs at the Local Government level for each of the time period. The graph of the number of GST registered businesses, the number of new GST registered businesses, and the number of cancelled GST registerations can be selected at the 1-digit ANZSIC classification level. For more information, including actual business locations and name and address details, LGAs are entitled to access the raw ABR unit record dataset directly from the ATO.

Data source

Australian Business Register - filtered counts - Current at November 2024

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Looking for the official business count? Businesses by Industry.
Business trends by industry sector
Bundaberg Regional Council - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 189140+49
Mar-2024 202138+64
Dec-2023 210176+34
Sep-2023 316263+53
Jun-2023 229126+103
Mar-2023 229162+67
Dec-2022 224170+54
Sep-2022 310273+37
Jun-2022 277136+141
Mar-2022 241125+116
Dec-2021 187135+52
Sep-2021 312228+84
Jun-2021 179101+78
Mar-2021 186110+76
Dec-2020 14485+59
Sep-2020 253167+86
Jun-2020 12977+52
Mar-2020 15291+61
Dec-2019 129107+22
Sep-2019 203170+33
Jun-2019 144117+27
Mar-2019 16782+85
Dec-2018 116118-2
Sep-2018 224132+92
Jun-2018 178168+10
Mar-2018 13489+45
Dec-2017 116119-3
Sep-2017 208188+20
Jun-2017 152187-35
Mar-2017 16296+66
Dec-2016 127118+9
Sep-2016 212231-19
Jun-2016 126185-59
Mar-2016 114101+13
Dec-2015 114145-31
Sep-2015 168251-83
Jun-2015 130190-60
Mar-2015 122161-39

Source: Australian Business Register. ©2024 Compiled and presented in economy.id by .id (informed decisions).

Please refer to specific data notes for more information

Bundaberg Regional Council

economic profile