Gold Coast City

Business trends

There were an estimated 70,923 total GST registered businesses in Gold Coast City in the Jun-21 quarter. There were 2,167 new businesses and 1,474 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 4th of October 2021

All industries
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Business trends by industry sector
Gold Coast City - All industries
QuarterNumber of registered businessesNew GST RegistrationCancelled GST RegistrationNet change
Jun-2021 70,9232,1671,474+693
Mar-2021 70,2302,1541,416+738
Dec-2020 69,4922,0131,561+452
Sep-2020 69,0402,8781,796+1,082
Jun-2020 67,9581,7261,116+610
Mar-2020 67,3482,1161,368+748
Dec-2019 66,6002,0721,453+619
Sep-2019 65,9812,9811,757+1,224
Jun-2019 64,7572,2691,403+866
Mar-2019 63,8912,4011,268+1,133
Dec-2018 62,7582,0321,268+764
Sep-2018 61,9942,7471,667+1,080
Jun-2018 60,9141,8522,062-210
Mar-2018 61,1241,7921,023+769
Dec-2017 60,3551,6971,643+54
Sep-2017 60,3012,7752,484+291
Jun-2017 60,0102,1441,833+311
Mar-2017 59,6992,3361,000+1,336
Dec-2016 58,3631,9781,448+530
Sep-2016 57,8332,9822,587+395
Jun-2016 57,4381,9992,142-143
Mar-2016 57,5812,0371,250+787
Dec-2015 56,7941,8531,907-54
Sep-2015 56,8482,7892,606+183
Jun-2015 56,6651,7752,097-322
Mar-2015 56,9871,6361,825-189

Source: Australian Business Register. ©2020 Compiled and presented in economy.id by .id (informed decisions).

Please refer to specific data notes for more information

Gold Coast City

economic profile