City of Canterbury Bankstown

Business trends

The number of GST registered businesses in the City of Canterbury Bankstown increased by 483 in the Jun-24 Quarter. There were 1,717 new GST registrations and 1,234 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
City of Canterbury Bankstown - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 1,7171,234+483
Mar-2024 1,791931+860
Dec-2023 1,6651,006+659
Sep-2023 2,3391,547+792
Jun-2023 1,743889+854
Mar-2023 1,871876+995
Dec-2022 1,6471,161+486
Sep-2022 2,3401,951+389
Jun-2022 1,6011,282+319
Mar-2022 1,905948+957
Dec-2021 1,886913+973
Sep-2021 2,3511,236+1,115
Jun-2021 1,598759+839
Mar-2021 1,720820+900
Dec-2020 1,489747+742
Sep-2020 2,2511,238+1,013
Jun-2020 1,251629+622
Mar-2020 1,497703+794
Dec-2019 1,390745+645
Sep-2019 2,064958+1,106
Jun-2019 1,342724+618
Mar-2019 1,561681+880
Dec-2018 1,356676+680
Sep-2018 1,952903+1,049
Jun-2018 1,3641,072+292
Mar-2018 1,686413+1,273
Dec-2017 1,278842+436
Sep-2017 1,9981,335+663
Jun-2017 1,322899+423
Mar-2017 1,364422+942
Dec-2016 1,227631+596
Sep-2016 1,8431,425+418
Jun-2016 1,138895+243
Mar-2016 1,183478+705
Dec-2015 1,044971+73
Sep-2015 1,6391,328+311
Jun-2015 920935-15
Mar-2015 923800+123

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

Please refer to specific data notes for more information

City of Canterbury Bankstown

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