City of Ipswich

Business trends

There were an estimated 11,862 total GST registered businesses in the City of Ipswich in the Dec-23 quarter. There were 211 new businesses and 278 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
City of Ipswich - All industries
QuarterNumber of registered businessesNew GST RegistrationCancelled GST RegistrationNet change
Dec-2023 11,862211278-67
Sep-2023 11,929303413-110
Jun-2023 12,039345257+88
Mar-2023 11,951474266+208
Dec-2022 11,743445306+139
Sep-2022 11,604612549+63
Jun-2022 11,541468315+153
Mar-2022 11,388492245+247
Dec-2021 11,141408277+131
Sep-2021 11,010595413+182
Jun-2021 10,828339229+110
Mar-2021 10,718404238+166
Dec-2020 10,552358168+190
Sep-2020 10,362472296+176
Jun-2020 10,186298164+134
Mar-2020 10,052341193+148
Dec-2019 9,904314169+145
Sep-2019 9,759438299+139
Jun-2019 9,620299202+97
Mar-2019 9,523338187+151
Dec-2018 9,372303177+126
Sep-2018 9,246478242+236
Jun-2018 9,010311309+2
Mar-2018 9,008361138+223
Dec-2017 8,785329244+85
Sep-2017 8,700450351+99
Jun-2017 8,601307309-2
Mar-2017 8,603389140+249
Dec-2016 8,354330244+86
Sep-2016 8,268437418+19
Jun-2016 8,249293320-27
Mar-2016 8,276294145+149
Dec-2015 8,127261293-32
Sep-2015 8,159417395+22
Jun-2015 8,137251283-32
Mar-2015 8,169229270-41

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

Please refer to specific data notes for more information

City of Ipswich

economic profile