Gold Coast City

Business trends

There were an estimated 75,055 total GST registered businesses in Gold Coast City in the Dec-23 quarter. There were 885 new businesses and 1,620 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
Gold Coast City - All industries
QuarterNumber of registered businessesNew GST RegistrationCancelled GST RegistrationNet change
Dec-2023 75,0558851,620-735
Sep-2023 75,7901,6582,534-876
Jun-2023 76,6662,0001,532+468
Mar-2023 76,1982,6081,575+1,033
Dec-2022 75,1652,2491,933+316
Sep-2022 74,8493,2992,960+339
Jun-2022 74,5102,6381,768+870
Mar-2022 73,6402,8021,442+1,360
Dec-2021 72,2802,4171,666+751
Sep-2021 71,5293,4212,652+769
Jun-2021 70,7602,4151,504+911
Mar-2021 69,8492,3541,453+901
Dec-2020 68,9482,1071,581+526
Sep-2020 68,4222,9641,787+1,177
Jun-2020 67,2451,7421,113+629
Mar-2020 66,6162,0091,326+683
Dec-2019 65,9331,9681,446+522
Sep-2019 65,4112,9071,746+1,161
Jun-2019 64,2502,0831,422+661
Mar-2019 63,5892,2221,305+917
Dec-2018 62,6721,9121,283+629
Sep-2018 62,0432,8151,685+1,130
Jun-2018 60,9132,0782,112-34
Mar-2018 60,9472,0901,047+1,043
Dec-2017 59,9041,8681,666+202
Sep-2017 59,7022,9632,521+442
Jun-2017 59,2602,0971,815+282
Mar-2017 58,9782,234992+1,242
Dec-2016 57,7361,8921,411+481
Sep-2016 57,2552,8572,574+283
Jun-2016 56,9721,9722,111-139
Mar-2016 57,1112,0041,172+832
Dec-2015 56,2791,8421,850-8
Sep-2015 56,2872,7242,517+207
Jun-2015 56,0801,7422,100-358
Mar-2015 56,4381,6151,799-184

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

Please refer to specific data notes for more information

Gold Coast City

economic profile