North Sydney Council area

Business trends

The number of GST registered businesses in the North Sydney Council area increased by 33 in the Jun-24 Quarter. There were 359 new GST registrations and 326 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
North Sydney Council area - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 359326+33
Mar-2024 364339+25
Dec-2023 363238+125
Sep-2023 482458+24
Jun-2023 377256+121
Mar-2023 416242+174
Dec-2022 348330+18
Sep-2022 473445+28
Jun-2022 406258+148
Mar-2022 374289+85
Dec-2021 311269+42
Sep-2021 607400+207
Jun-2021 424260+164
Mar-2021 417258+159
Dec-2020 409225+184
Sep-2020 543335+208
Jun-2020 320200+120
Mar-2020 376250+126
Dec-2019 349252+97
Sep-2019 534324+210
Jun-2019 401239+162
Mar-2019 407233+174
Dec-2018 359246+113
Sep-2018 549368+181
Jun-2018 383346+37
Mar-2018 415167+248
Dec-2017 416338+78
Sep-2017 507454+53
Jun-2017 374358+16
Mar-2017 403157+246
Dec-2016 363284+79
Sep-2016 527511+16
Jun-2016 383356+27
Mar-2016 366203+163
Dec-2015 327303+24
Sep-2015 512415+97
Jun-2015 319391-72
Mar-2015 367325+42

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

Please refer to specific data notes for more information

North Sydney Council

economic profile