Tamworth Regional Council

Business trends

The number of GST registered businesses in the Tamworth Regional Council increased by 53 in the Jun-24 Quarter. There were 158 new GST registrations and 105 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
Tamworth Regional Council - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 158105+53
Mar-2024 16592+73
Dec-2023 159133+26
Sep-2023 240164+76
Jun-2023 15379+74
Mar-2023 174100+74
Dec-2022 113112+1
Sep-2022 229219+10
Jun-2022 188103+85
Mar-2022 15683+73
Dec-2021 17298+74
Sep-2021 254154+100
Jun-2021 14957+92
Mar-2021 16169+92
Dec-2020 11875+43
Sep-2020 198105+93
Jun-2020 10342+61
Mar-2020 14060+80
Dec-2019 9669+27
Sep-2019 175109+66
Jun-2019 9873+25
Mar-2019 10346+57
Dec-2018 9453+41
Sep-2018 151103+48
Jun-2018 102101+1
Mar-2018 11252+60
Dec-2017 10071+29
Sep-2017 163159+4
Jun-2017 105126-21
Mar-2017 9761+36
Dec-2016 10067+33
Sep-2016 149132+17
Jun-2016 82106-24
Mar-2016 10155+46
Dec-2015 7990-11
Sep-2015 130153-23
Jun-2015 105131-26
Mar-2015 82107-25

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

Please refer to specific data notes for more information

Tamworth Regional Council

economic profile