City of Sydney

Business trends

There were an estimated 85,958 total GST registered businesses in the City of Sydney in the Dec-21 quarter. There were 2,295 new businesses and 1,300 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 8th of April 2022

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Business trends by industry sector
City of Sydney - All industries
QuarterNumber of registered businessesNew GST RegistrationCancelled GST RegistrationNet change
Dec-2021 85,9582,2951,300+995
Sep-2021 84,9632,8851,839+1,046
Jun-2021 83,9172,6581,368+1,290
Mar-2021 82,6272,2571,270+987
Dec-2020 81,6402,1671,217+950
Sep-2020 80,6902,8041,671+1,133
Jun-2020 79,5571,7031,108+595
Mar-2020 78,9622,1341,279+855
Dec-2019 78,1072,1011,340+761
Sep-2019 77,3463,0011,483+1,518
Jun-2019 75,8282,1961,204+992
Mar-2019 74,8362,1361,137+999
Dec-2018 73,8372,1381,130+1,008
Sep-2018 72,8292,8291,308+1,521
Jun-2018 71,3081,9151,681+234
Mar-2018 71,0741,875711+1,164
Dec-2017 69,9101,7431,479+264
Sep-2017 69,6462,7322,122+610
Jun-2017 69,0362,0981,528+570
Mar-2017 68,4662,044749+1,295
Dec-2016 67,1711,8651,131+734
Sep-2016 66,4372,6641,921+743
Jun-2016 65,6941,9521,625+327
Mar-2016 65,3671,947806+1,141
Dec-2015 64,2261,8491,411+438
Sep-2015 63,7882,6871,875+812
Jun-2015 62,9761,8201,590+230
Mar-2015 62,7461,5811,345+236

Source: Australian Business Register. ©2020 Compiled and presented in economy.id by .id (informed decisions).

Please refer to specific data notes for more information

City of Sydney

economic profile