The Hills Shire

Business trends

The number of GST registered businesses in the The Hills Shire increased by 266 in the Jun-24 Quarter. There were 831 new GST registrations and 565 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
The Hills Shire - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 831565+266
Mar-2024 833467+366
Dec-2023 846482+364
Sep-2023 1,210755+455
Jun-2023 864459+405
Mar-2023 844426+418
Dec-2022 749537+212
Sep-2022 1,126752+374
Jun-2022 701378+323
Mar-2022 798400+398
Dec-2021 762442+320
Sep-2021 1,193678+515
Jun-2021 859392+467
Mar-2021 795414+381
Dec-2020 726405+321
Sep-2020 1,035530+505
Jun-2020 615275+340
Mar-2020 699416+283
Dec-2019 624421+203
Sep-2019 978631+347
Jun-2019 658329+329
Mar-2019 707273+434
Dec-2018 608266+342
Sep-2018 992474+518
Jun-2018 687549+138
Mar-2018 661218+443
Dec-2017 601427+174
Sep-2017 1,016686+330
Jun-2017 704539+165
Mar-2017 692230+462
Dec-2016 565337+228
Sep-2016 961752+209
Jun-2016 627558+69
Mar-2016 631268+363
Dec-2015 530458+72
Sep-2015 893616+277
Jun-2015 548525+23
Mar-2015 541481+60

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

Please refer to specific data notes for more information

The Hills Shire Council

economic profile