Gold Coast City

Business trends

There were an estimated 90,836 total GST registered businesses in Gold Coast City in the Mar-24 quarter. There were 2,794 new businesses and 1,725 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.

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 August 2024

loading animation
loading animation
Business trends by industry sector
Gold Coast City - All industries
QuarterNumber of registered businessesNew GST RegistrationCancelled GST RegistrationNet change
Mar-2024 90,8362,7941,725+1,069
Dec-2023 89,7672,5251,893+632
Sep-2023 89,1353,8192,899+920
Jun-2023 88,2153,0581,720+1,338
Mar-2023 86,8773,0901,778+1,312
Dec-2022 85,5652,6582,163+495
Sep-2022 85,0703,8653,279+586
Jun-2022 84,4843,0301,923+1,107
Mar-2022 83,3773,1751,582+1,593
Dec-2021 81,7842,7661,832+934
Sep-2021 80,8503,9682,870+1,098
Jun-2021 79,7522,8081,607+1,201
Mar-2021 78,5512,7411,586+1,155
Dec-2020 77,3962,3881,707+681
Sep-2020 76,7153,3801,919+1,461
Jun-2020 75,2541,9821,188+794
Mar-2020 74,4602,3141,413+901
Dec-2019 73,5592,2371,541+696
Sep-2019 72,8633,2571,857+1,400
Jun-2019 71,4632,3191,522+797
Mar-2019 70,6662,4861,352+1,134
Dec-2018 69,5322,0951,369+726
Sep-2018 68,8063,1481,815+1,333
Jun-2018 67,4732,3222,239+83
Mar-2018 67,3902,2671,120+1,147
Dec-2017 66,2432,0571,742+315
Sep-2017 65,9283,2712,632+639
Jun-2017 65,2892,2721,964+308
Mar-2017 64,9812,4241,056+1,368
Dec-2016 63,6132,0761,495+581
Sep-2016 63,0323,1202,704+416
Jun-2016 62,6162,1512,249-98
Mar-2016 62,7142,1611,322+839
Dec-2015 61,8751,9831,919+64
Sep-2015 61,8112,9752,636+339
Jun-2015 61,4721,8842,257-373
Mar-2015 61,8451,7571,873-116

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

Please refer to specific data notes for more information

Gold Coast City

economic profile