Sunshine Coast

Business trends

The number of GST registered businesses in the Sunshine Coast increased by 294 in the Jun-24 Quarter. There were 1,178 new GST registrations and 884 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
Sunshine Coast - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 1,178884+294
Mar-2024 1,266823+443
Dec-2023 1,156930+226
Sep-2023 1,6511,351+300
Jun-2023 1,235785+450
Mar-2023 1,320768+552
Dec-2022 1,113973+140
Sep-2022 1,6821,358+324
Jun-2022 1,222717+505
Mar-2022 1,274720+554
Dec-2021 1,097811+286
Sep-2021 1,7331,259+474
Jun-2021 1,253649+604
Mar-2021 1,276703+573
Dec-2020 1,080644+436
Sep-2020 1,495887+608
Jun-2020 880529+351
Mar-2020 1,038622+416
Dec-2019 857710+147
Sep-2019 1,388916+472
Jun-2019 967606+361
Mar-2019 979542+437
Dec-2018 890551+339
Sep-2018 1,346869+477
Jun-2018 928949-21
Mar-2018 1,008516+492
Dec-2017 916709+207
Sep-2017 1,3651,099+266
Jun-2017 955967-12
Mar-2017 1,038468+570
Dec-2016 892676+216
Sep-2016 1,3201,243+77
Jun-2016 954950+4
Mar-2016 951572+379
Dec-2015 757795-38
Sep-2015 1,3041,169+135
Jun-2015 8101,001-191
Mar-2015 794748+46

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

Please refer to specific data notes for more information

Sunshine Coast Council

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