City of Ipswich

Business trends

There were an estimated 15,882 total GST registered businesses in the City of Ipswich in the Mar-24 quarter. There were 573 new businesses and 287 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 August 2024

loading animation
loading animation
Business trends by industry sector
City of Ipswich - All industries
QuarterNumber of registered businessesNew GST RegistrationCancelled GST RegistrationNet change
Mar-2024 15,882573287+286
Dec-2023 15,596597354+243
Sep-2023 15,353849529+320
Jun-2023 15,033610312+298
Mar-2023 14,735669334+335
Dec-2022 14,400620384+236
Sep-2022 14,164824680+144
Jun-2022 14,020608351+257
Mar-2022 13,763682275+407
Dec-2021 13,356559331+228
Sep-2021 13,128798478+320
Jun-2021 12,808487231+256
Mar-2021 12,552525273+252
Dec-2020 12,300461191+270
Sep-2020 12,030598329+269
Jun-2020 11,761381169+212
Mar-2020 11,549419199+220
Dec-2019 11,329390180+210
Sep-2019 11,119561313+248
Jun-2019 10,871383225+158
Mar-2019 10,713427204+223
Dec-2018 10,490358194+164
Sep-2018 10,326555274+281
Jun-2018 10,045373319+54
Mar-2018 9,991409149+260
Dec-2017 9,731381255+126
Sep-2017 9,605531368+163
Jun-2017 9,442365327+38
Mar-2017 9,404444151+293
Dec-2016 9,111392257+135
Sep-2016 8,976506427+79
Jun-2016 8,897332343-11
Mar-2016 8,908340148+192
Dec-2015 8,716287309-22
Sep-2015 8,738468410+58
Jun-2015 8,680273302-29
Mar-2015 8,709258280-22

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