Byron Shire

Business trends

The number of GST registered businesses in the Byron Shire increased by 14 in the Jun-24 Quarter. There were 167 new GST registrations and 153 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
Byron Shire - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 167153+14
Mar-2024 162146+16
Dec-2023 150116+34
Sep-2023 272199+73
Jun-2023 177102+75
Mar-2023 183114+69
Dec-2022 154160-6
Sep-2022 254199+55
Jun-2022 163110+53
Mar-2022 18890+98
Dec-2021 185134+51
Sep-2021 308188+120
Jun-2021 19384+109
Mar-2021 19884+114
Dec-2020 15885+73
Sep-2020 274130+144
Jun-2020 12956+73
Mar-2020 17892+86
Dec-2019 15796+61
Sep-2019 193150+43
Jun-2019 17491+83
Mar-2019 14757+90
Dec-2018 14889+59
Sep-2018 249106+143
Jun-2018 154132+22
Mar-2018 14863+85
Dec-2017 13096+34
Sep-2017 243159+84
Jun-2017 169136+33
Mar-2017 16873+95
Dec-2016 13077+53
Sep-2016 202139+63
Jun-2016 134123+11
Mar-2016 12555+70
Dec-2015 12194+27
Sep-2015 197144+53
Jun-2015 133130+3
Mar-2015 11878+40

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

Please refer to specific data notes for more information

Byron Shire

economic profile