Central Coast Council area

Business trends

There were an estimated 27,774 total GST registered businesses in Central Coast Council area in the Dec-23 quarter. There were 299 new businesses and 616 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

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Business trends by industry sector
Central Coast Council area - All industries
QuarterNumber of registered businessesNew GST RegistrationCancelled GST RegistrationNet change
Dec-2023 27,774299616-317
Sep-2023 28,091548974-426
Jun-2023 28,517675571+104
Mar-2023 28,413832548+284
Dec-2022 28,129753667+86
Sep-2022 28,0431,100919+181
Jun-2022 27,862810501+309
Mar-2022 27,553849518+331
Dec-2021 27,222791479+312
Sep-2021 26,9101,091787+304
Jun-2021 26,606828464+364
Mar-2021 26,242750450+300
Dec-2020 25,942649385+264
Sep-2020 25,6781,057532+525
Jun-2020 25,153666340+326
Mar-2020 24,827682381+301
Dec-2019 24,526581527+54
Sep-2019 24,4721,007758+249
Jun-2019 24,223656386+270
Mar-2019 23,953708319+389
Dec-2018 23,564647341+306
Sep-2018 23,258992613+379
Jun-2018 22,879702689+13
Mar-2018 22,866693320+373
Dec-2017 22,493584485+99
Sep-2017 22,394979748+231
Jun-2017 22,163632643-11
Mar-2017 22,174715327+388
Dec-2016 21,786560461+99
Sep-2016 21,6871,001882+119
Jun-2016 21,568598736-138
Mar-2016 21,706617339+278
Dec-2015 21,428534643-109
Sep-2015 21,537877899-22
Jun-2015 21,559516631-115
Mar-2015 21,674499598-99

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

Please refer to specific data notes for more information

Central Coast NSW

economic profile