Gympie Regional Council

Business trends

The number of GST registered businesses in the Gympie Regional Council increased by 14 in the Jun-24 Quarter. There were 133 new GST registrations and 119 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
Gympie Regional Council - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 133119+14
Mar-2024 137102+35
Dec-2023 117120-3
Sep-2023 208190+18
Jun-2023 138100+38
Mar-2023 14392+51
Dec-2022 152124+28
Sep-2022 213198+15
Jun-2022 15887+71
Mar-2022 14888+60
Dec-2021 13685+51
Sep-2021 209165+44
Jun-2021 13281+51
Mar-2021 14595+50
Dec-2020 12180+41
Sep-2020 16787+80
Jun-2020 8552+33
Mar-2020 12875+53
Dec-2019 7968+11
Sep-2019 131123+8
Jun-2019 10165+36
Mar-2019 11461+53
Dec-2018 10672+34
Sep-2018 17099+71
Jun-2018 90122-32
Mar-2018 13153+78
Dec-2017 8076+4
Sep-2017 169135+34
Jun-2017 102128-26
Mar-2017 11258+54
Dec-2016 9790+7
Sep-2016 155140+15
Jun-2016 82124-42
Mar-2016 9862+36
Dec-2015 89109-20
Sep-2015 154146+8
Jun-2015 103125-22
Mar-2015 92123-31

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

Please refer to specific data notes for more information

Gympie Regional Council

economic profile