City of Parramatta

Business trends

The number of GST registered businesses in the the City of Parramatta increased by 475 in the Jun-24 Quarter. There were 1,280 new GST registrations and 805 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 Parramatta - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 1,280805+475
Mar-2024 1,292584+708
Dec-2023 1,248659+589
Sep-2023 1,7041,119+585
Jun-2023 1,315591+724
Mar-2023 1,337582+755
Dec-2022 1,143728+415
Sep-2022 1,6081,182+426
Jun-2022 1,103651+452
Mar-2022 1,212581+631
Dec-2021 1,194580+614
Sep-2021 1,633979+654
Jun-2021 1,157492+665
Mar-2021 1,164573+591
Dec-2020 1,001533+468
Sep-2020 1,460730+730
Jun-2020 833402+431
Mar-2020 1,082514+568
Dec-2019 1,022547+475
Sep-2019 1,473783+690
Jun-2019 982543+439
Mar-2019 1,056528+528
Dec-2018 979450+529
Sep-2018 1,468681+787
Jun-2018 989797+192
Mar-2018 1,094326+768
Dec-2017 965559+406
Sep-2017 1,411921+490
Jun-2017 955702+253
Mar-2017 923334+589
Dec-2016 884450+434
Sep-2016 1,2231,029+194
Jun-2016 827690+137
Mar-2016 892377+515
Dec-2015 778605+173
Sep-2015 1,264886+378
Jun-2015 688642+46
Mar-2015 686556+130

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 Parramatta

economic profile