City of Canterbury Bankstown

Business trends

There were an estimated 49,587 total GST registered businesses in City of Canterbury Bankstown in the Dec-23 quarter. There were 657 new businesses and 948 business GST cancellations in the same quarter.

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.

COVID-19 pandemic is producing business conditions substantially different from normal. Using the Business Trends page will allow users to monitor the impact of COVID-19 locally and particularly how each industry is being affected. This dataset should be viewed in conjunction with COVID-19 Economic Outlook page to understand the magnitude and the direction of the impact of COVID-19 on economic value and employment.

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 May 2024

loading animation
loading animation
Business trends by industry sector
City of Canterbury Bankstown - All industries
QuarterNumber of registered businessesNew GST RegistrationCancelled GST RegistrationNet change
Dec-2023 49,587657948-291
Sep-2023 49,8781,0841,486-402
Jun-2023 50,2801,262888+374
Mar-2023 49,9061,782881+901
Dec-2022 49,0051,6081,147+461
Sep-2022 48,5442,2281,930+298
Jun-2022 48,2461,5731,278+295
Mar-2022 47,9511,835941+894
Dec-2021 47,0571,860912+948
Sep-2021 46,1092,2641,226+1,038
Jun-2021 45,0711,548766+782
Mar-2021 44,2891,683817+866
Dec-2020 43,4231,462737+725
Sep-2020 42,6982,2041,244+960
Jun-2020 41,7381,251632+619
Mar-2020 41,1191,476702+774
Dec-2019 40,3451,380745+635
Sep-2019 39,7102,063957+1,106
Jun-2019 38,6041,319731+588
Mar-2019 38,0161,549684+865
Dec-2018 37,1511,337678+659
Sep-2018 36,4921,938885+1,053
Jun-2018 35,4391,3591,068+291
Mar-2018 35,1481,650406+1,244
Dec-2017 33,9041,257858+399
Sep-2017 33,5051,9931,347+646
Jun-2017 32,8591,321886+435
Mar-2017 32,4241,355423+932
Dec-2016 31,4921,217649+568
Sep-2016 30,9241,8511,463+388
Jun-2016 30,5361,134903+231
Mar-2016 30,3051,191473+718
Dec-2015 29,5871,0341,000+34
Sep-2015 29,5531,6221,341+281
Jun-2015 29,272908938-30
Mar-2015 29,302924820+104

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

Please refer to specific data notes for more information

City of Canterbury Bankstown

economic profile