City of Newcastle

Business trends

The number of GST registered businesses in the the City of Newcastle increased by 211 in the Jun-24 Quarter. There were 519 new GST registrations and 308 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
City of Newcastle - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 519308+211
Mar-2024 528286+242
Dec-2023 455313+142
Sep-2023 643530+113
Jun-2023 493268+225
Mar-2023 531331+200
Dec-2022 457346+111
Sep-2022 652562+90
Jun-2022 551287+264
Mar-2022 528272+256
Dec-2021 456274+182
Sep-2021 695467+228
Jun-2021 512248+264
Mar-2021 505267+238
Dec-2020 409209+200
Sep-2020 577338+239
Jun-2020 357198+159
Mar-2020 401214+187
Dec-2019 377271+106
Sep-2019 579432+147
Jun-2019 393222+171
Mar-2019 424173+251
Dec-2018 396190+206
Sep-2018 597299+298
Jun-2018 400359+41
Mar-2018 389192+197
Dec-2017 400257+143
Sep-2017 580422+158
Jun-2017 380306+74
Mar-2017 401164+237
Dec-2016 350205+145
Sep-2016 588389+199
Jun-2016 371333+38
Mar-2016 352192+160
Dec-2015 331284+47
Sep-2015 447416+31
Jun-2015 295314-19
Mar-2015 284271+13

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 Newcastle

economic profile