City of Parramatta

Business trends

There were an estimated 32,319 total GST registered businesses in the City of Parramatta in the Dec-23 quarter. There were 406 new businesses and 590 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 May 2024

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Business trends by industry sector
City of Parramatta - All industries
QuarterNumber of registered businessesNew GST RegistrationCancelled GST RegistrationNet change
Dec-2023 32,319406590-184
Sep-2023 32,503676942-266
Jun-2023 32,769852534+318
Mar-2023 32,4511,119514+605
Dec-2022 31,846934653+281
Sep-2022 31,5651,3031,047+256
Jun-2022 31,309925590+335
Mar-2022 30,9741,003562+441
Dec-2021 30,533995565+430
Sep-2021 30,1031,363923+440
Jun-2021 29,663968475+493
Mar-2021 29,170973544+429
Dec-2020 28,741861517+344
Sep-2020 28,3971,255691+564
Jun-2020 27,833730383+347
Mar-2020 27,486953493+460
Dec-2019 27,026888528+360
Sep-2019 26,6661,332763+569
Jun-2019 26,097887529+358
Mar-2019 25,739956513+443
Dec-2018 25,296871448+423
Sep-2018 24,8731,297659+638
Jun-2018 24,235903778+125
Mar-2018 24,110973316+657
Dec-2017 23,453851561+290
Sep-2017 23,1631,296917+379
Jun-2017 22,784868696+172
Mar-2017 22,612872332+540
Dec-2016 22,072843461+382
Sep-2016 21,6901,1281,025+103
Jun-2016 21,587774676+98
Mar-2016 21,489840351+489
Dec-2015 21,000724606+118
Sep-2015 20,8821,178878+300
Jun-2015 20,582647638+9
Mar-2015 20,573661565+96

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