Redland City

Business trends

The number of GST registered businesses in the Redland City increased by 89 in the Jun-24 Quarter. There were 419 new GST registrations and 330 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
Redland City - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 419330+89
Mar-2024 414288+126
Dec-2023 389318+71
Sep-2023 578462+116
Jun-2023 419292+127
Mar-2023 460295+165
Dec-2022 374349+25
Sep-2022 579503+76
Jun-2022 417264+153
Mar-2022 424243+181
Dec-2021 383273+110
Sep-2021 601478+123
Jun-2021 398230+168
Mar-2021 386285+101
Dec-2020 326236+90
Sep-2020 479321+158
Jun-2020 290185+105
Mar-2020 341265+76
Dec-2019 300252+48
Sep-2019 499329+170
Jun-2019 318247+71
Mar-2019 344227+117
Dec-2018 317224+93
Sep-2018 488357+131
Jun-2018 338347-9
Mar-2018 349201+148
Dec-2017 288265+23
Sep-2017 507431+76
Jun-2017 346333+13
Mar-2017 406205+201
Dec-2016 334287+47
Sep-2016 496534-38
Jun-2016 295363-68
Mar-2016 296198+98
Dec-2015 275352-77
Sep-2015 483524-41
Jun-2015 277417-140
Mar-2015 321326-5

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

Please refer to specific data notes for more information

Redland City Council

economic profile