Cumberland City

Business trends

There were an estimated 33,295 total GST registered businesses in Cumberland City in the Dec-23 quarter. There were 598 new businesses and 682 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
Cumberland City - All industries
QuarterNumber of registered businessesNew GST RegistrationCancelled GST RegistrationNet change
Dec-2023 33,295598682-84
Sep-2023 33,3799021,211-309
Jun-2023 33,6881,090590+500
Mar-2023 33,1881,366667+699
Dec-2022 32,4891,207863+344
Sep-2022 32,1451,6871,429+258
Jun-2022 31,8871,171966+205
Mar-2022 31,6821,360689+671
Dec-2021 31,0111,353611+742
Sep-2021 30,2691,686938+748
Jun-2021 29,5211,246543+703
Mar-2021 28,8181,218612+606
Dec-2020 28,2121,122560+562
Sep-2020 27,6501,679757+922
Jun-2020 26,728933480+453
Mar-2020 26,2751,065549+516
Dec-2019 25,7591,051523+528
Sep-2019 25,2311,638777+861
Jun-2019 24,3701,054604+450
Mar-2019 23,9201,162563+599
Dec-2018 23,3211,028503+525
Sep-2018 22,7961,491690+801
Jun-2018 21,9951,071775+296
Mar-2018 21,6991,153296+857
Dec-2017 20,842916661+255
Sep-2017 20,5871,4701,019+451
Jun-2017 20,136962685+277
Mar-2017 19,8591,049293+756
Dec-2016 19,103899482+417
Sep-2016 18,6861,3361,012+324
Jun-2016 18,362852621+231
Mar-2016 18,131946297+649
Dec-2015 17,482846750+96
Sep-2015 17,3861,121957+164
Jun-2015 17,222653543+110
Mar-2015 17,112651533+118

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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