Sunshine Coast

Business trends

There were an estimated 41,891 total GST registered businesses in Sunshine Coast in the Mar-24 quarter. There were 1,246 new businesses and 817 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.

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 August 2024

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Business trends by industry sector
Sunshine Coast - All industries
QuarterNumber of registered businessesNew GST RegistrationCancelled GST RegistrationNet change
Mar-2024 41,8911,246817+429
Dec-2023 41,4621,144922+222
Sep-2023 41,2401,6301,357+273
Jun-2023 40,9671,229790+439
Mar-2023 40,5281,328769+559
Dec-2022 39,9691,112973+139
Sep-2022 39,8301,6881,359+329
Jun-2022 39,5011,215722+493
Mar-2022 39,0081,274724+550
Dec-2021 38,4581,097812+285
Sep-2021 38,1731,7271,257+470
Jun-2021 37,7031,254656+598
Mar-2021 37,1051,282706+576
Dec-2020 36,5291,076648+428
Sep-2020 36,1011,508886+622
Jun-2020 35,479881526+355
Mar-2020 35,1241,034621+413
Dec-2019 34,711854711+143
Sep-2019 34,5681,384919+465
Jun-2019 34,103964602+362
Mar-2019 33,741983545+438
Dec-2018 33,303888552+336
Sep-2018 32,9671,353874+479
Jun-2018 32,488928947-19
Mar-2018 32,5071,011517+494
Dec-2017 32,013918710+208
Sep-2017 31,8051,3621,098+264
Jun-2017 31,541956970-14
Mar-2017 31,5551,039468+571
Dec-2016 30,984886674+212
Sep-2016 30,7721,3191,246+73
Jun-2016 30,699958950+8
Mar-2016 30,691952571+381
Dec-2015 30,310755796-41
Sep-2015 30,3511,3081,169+139
Jun-2015 30,2128131,005-192
Mar-2015 30,404792751+41

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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