Woollahra Municipal Council area

Business trends

The number of GST registered businesses in the Woollahra Municipal Council area increased by 58 in the Jun-24 Quarter. There were 262 new GST registrations and 204 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
Woollahra Municipal Council area - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 262204+58
Mar-2024 303191+112
Dec-2023 248208+40
Sep-2023 344283+61
Jun-2023 234163+71
Mar-2023 258185+73
Dec-2022 260182+78
Sep-2022 329303+26
Jun-2022 261152+109
Mar-2022 276168+108
Dec-2021 262204+58
Sep-2021 402319+83
Jun-2021 283193+90
Mar-2021 290169+121
Dec-2020 262185+77
Sep-2020 361219+142
Jun-2020 222128+94
Mar-2020 217181+36
Dec-2019 234167+67
Sep-2019 318204+114
Jun-2019 250182+68
Mar-2019 241142+99
Dec-2018 223158+65
Sep-2018 323240+83
Jun-2018 229216+13
Mar-2018 222101+121
Dec-2017 240218+22
Sep-2017 350328+22
Jun-2017 250267-17
Mar-2017 250112+138
Dec-2016 250166+84
Sep-2016 366384-18
Jun-2016 226269-43
Mar-2016 215138+77
Dec-2015 215235-20
Sep-2015 362316+46
Jun-2015 222298-76
Mar-2015 208205+3

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

Please refer to specific data notes for more information

Woollahra Municipal Council

economic profile