Cairns

Business trends

The number of GST registered businesses in the Cairns increased by 150 in the Jun-24 Quarter. There were 486 new GST registrations and 336 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
Cairns - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 486336+150
Mar-2024 496291+205
Dec-2023 416334+82
Sep-2023 597521+76
Jun-2023 447293+154
Mar-2023 486303+183
Dec-2022 456333+123
Sep-2022 614511+103
Jun-2022 499307+192
Mar-2022 568271+297
Dec-2021 425281+144
Sep-2021 641471+170
Jun-2021 451212+239
Mar-2021 399299+100
Dec-2020 332250+82
Sep-2020 501297+204
Jun-2020 303190+113
Mar-2020 309253+56
Dec-2019 330268+62
Sep-2019 495340+155
Jun-2019 377250+127
Mar-2019 367188+179
Dec-2018 295215+80
Sep-2018 487270+217
Jun-2018 350366-16
Mar-2018 335176+159
Dec-2017 341251+90
Sep-2017 554382+172
Jun-2017 374376-2
Mar-2017 361178+183
Dec-2016 2812810
Sep-2016 434466-32
Jun-2016 344347-3
Mar-2016 302224+78
Dec-2015 291359-68
Sep-2015 446471-25
Jun-2015 254389-135
Mar-2015 272349-77

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

Please refer to specific data notes for more information

Cairns Regional Council

economic profile