City of Ipswich

Business trends

The number of GST registered businesses in the the City of Ipswich increased by 216 in the Jun-24 Quarter. There were 598 new GST registrations and 382 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

loading animation
Looking for the official business count? Businesses by Industry.
Business trends by industry sector
City of Ipswich - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 598382+216
Mar-2024 587288+299
Dec-2023 609355+254
Sep-2023 857525+332
Jun-2023 615314+301
Mar-2023 660328+332
Dec-2022 625386+239
Sep-2022 811675+136
Jun-2022 612352+260
Mar-2022 681271+410
Dec-2021 561330+231
Sep-2021 794477+317
Jun-2021 492226+266
Mar-2021 526274+252
Dec-2020 454189+265
Sep-2020 601324+277
Jun-2020 375169+206
Mar-2020 415198+217
Dec-2019 396180+216
Sep-2019 560311+249
Jun-2019 384226+158
Mar-2019 426203+223
Dec-2018 360193+167
Sep-2018 552275+277
Jun-2018 374319+55
Mar-2018 407148+259
Dec-2017 381255+126
Sep-2017 531367+164
Jun-2017 368325+43
Mar-2017 446151+295
Dec-2016 388257+131
Sep-2016 504426+78
Jun-2016 331341-10
Mar-2016 342148+194
Dec-2015 286305-19
Sep-2015 470407+63
Jun-2015 271302-31
Mar-2015 255276-21

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