Griffith City

Business trends

The number of GST registered businesses in the Griffith City increased by 33 in the Jun-24 Quarter. There were 94 new GST registrations and 61 GST cancellations.

The Australian Government recently updated ABR data coding to align with the new Australian Statistical Geography. These changes were not communicated to ABR data users and caused anomalies in our published trend data due to previous processing methods. As a result, data for the last two quarters (Dec-23 and Mar-24) has been revised. More details are available here.

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 November 2024

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Looking for the official business count? Businesses by Industry.
Business trends by industry sector
Griffith City - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 9461+33
Mar-2024 9142+49
Dec-2023 8864+24
Sep-2023 12291+31
Jun-2023 9341+52
Mar-2023 11055+55
Dec-2022 8067+13
Sep-2022 12979+50
Jun-2022 9526+69
Mar-2022 9630+66
Dec-2021 6951+18
Sep-2021 14169+72
Jun-2021 7639+37
Mar-2021 7230+42
Dec-2020 6335+28
Sep-2020 10254+48
Jun-2020 5025+25
Mar-2020 4542+3
Dec-2019 4739+8
Sep-2019 8768+19
Jun-2019 5345+8
Mar-2019 5921+38
Dec-2018 5823+35
Sep-2018 8046+34
Jun-2018 6943+26
Mar-2018 4423+21
Dec-2017 4619+27
Sep-2017 8560+25
Jun-2017 4342+1
Mar-2017 6038+22
Dec-2016 3729+8
Sep-2016 9076+14
Jun-2016 4355-12
Mar-2016 6638+28
Dec-2015 5746+11
Sep-2015 7292-20
Jun-2015 4457-13
Mar-2015 2839-11

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

Please refer to specific data notes for more information

Griffith City

economic profile