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Business trends

There were an estimated 880 total GST registered businesses in the Federation Council in the Jun-20 quarter. There were 7 new businesses and 7 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 20th Apr 2020

All industries
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Business trends by industry sector
Federation Council - All industries
QuarterNumber of registered businessesNew GST RegistrationCancelled GST RegistrationNet change
Jun-2020 880770
Mar-2020 8802514+11
Dec-2019 869157+8
Sep-2019 8612214+8
Jun-2019 85316160
Mar-2019 8531912+7
Dec-2018 8462213+9
Sep-2018 8372514+11
Jun-2018 8261816+2
Mar-2018 8242310+13
Dec-2017 8111511+4
Sep-2017 8072616+10
Jun-2017 7971722-5
Mar-2017 802105+5
Dec-2016 7971522-7
Sep-2016 8043020+10
Jun-2016 79420200
Mar-2016 7942111+10
Dec-2015 7841319-6
Sep-2015 7902833-5
Jun-2015 7951426-12
Mar-2015 807814-6

Source: Australian Business Register. ©2020 Compiled and presented in economy.id by .id the population experts.

Please refer to specific data notes for more information

Federation Council

economic profile