Cumberland City

Business trends

The number of GST registered businesses in the Cumberland City increased by 397 in the Jun-24 Quarter. There were 1,378 new GST registrations and 981 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
Cumberland City - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 1,378981+397
Mar-2024 1,353708+645
Dec-2023 1,372688+684
Sep-2023 1,8261,275+551
Jun-2023 1,418631+787
Mar-2023 1,499695+804
Dec-2022 1,276880+396
Sep-2022 1,7681,472+296
Jun-2022 1,215987+228
Mar-2022 1,416695+721
Dec-2021 1,440615+825
Sep-2021 1,779933+846
Jun-2021 1,299550+749
Mar-2021 1,282611+671
Dec-2020 1,172559+613
Sep-2020 1,754769+985
Jun-2020 963485+478
Mar-2020 1,109546+563
Dec-2019 1,080524+556
Sep-2019 1,707785+922
Jun-2019 1,072603+469
Mar-2019 1,195562+633
Dec-2018 1,057506+551
Sep-2018 1,515700+815
Jun-2018 1,086778+308
Mar-2018 1,156296+860
Dec-2017 928658+270
Sep-2017 1,4871,003+484
Jun-2017 1,000681+319
Mar-2017 1,069293+776
Dec-2016 923449+474
Sep-2016 1,356996+360
Jun-2016 875610+265
Mar-2016 940308+632
Dec-2015 842723+119
Sep-2015 1,153928+225
Jun-2015 666537+129
Mar-2015 650517+133

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

Please refer to specific data notes for more information

Cumberland City Council

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