Town of Victoria Park

Business trends

The number of GST registered businesses in the the Town of Victoria Park increased by 44 in the Jun-24 Quarter. There were 159 new GST registrations and 115 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
Town of Victoria Park - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 159115+44
Mar-2024 16483+81
Dec-2023 15990+69
Sep-2023 211152+59
Jun-2023 15083+67
Mar-2023 16489+75
Dec-2022 13388+45
Sep-2022 180141+39
Jun-2022 142101+41
Mar-2022 15889+69
Dec-2021 146104+42
Sep-2021 201140+61
Jun-2021 11874+44
Mar-2021 13283+49
Dec-2020 14373+70
Sep-2020 171105+66
Jun-2020 9752+45
Mar-2020 12966+63
Dec-2019 12972+57
Sep-2019 16192+69
Jun-2019 12887+41
Mar-2019 10774+33
Dec-2018 12996+33
Sep-2018 159129+30
Jun-2018 13098+32
Mar-2018 11249+63
Dec-2017 11287+25
Sep-2017 167155+12
Jun-2017 122127-5
Mar-2017 11764+53
Dec-2016 11983+36
Sep-2016 150185-35
Jun-2016 114115-1
Mar-2016 14376+67
Dec-2015 119105+14
Sep-2015 151179-28
Jun-2015 119125-6
Mar-2015 10486+18

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

Please refer to specific data notes for more information

Town of Victoria Park

economic profile