Yarra Ranges Council area

Business trends

The number of GST registered businesses in the Yarra Ranges Council area increased by 103 in the Jun-24 Quarter. There were 362 new GST registrations and 259 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
Yarra Ranges Council area - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 362259+103
Mar-2024 351271+80
Dec-2023 322323-1
Sep-2023 513472+41
Jun-2023 370265+105
Mar-2023 403313+90
Dec-2022 328349-21
Sep-2022 556570-14
Jun-2022 371335+36
Mar-2022 503267+236
Dec-2021 392271+121
Sep-2021 699395+304
Jun-2021 402224+178
Mar-2021 354258+96
Dec-2020 304178+126
Sep-2020 448269+179
Jun-2020 295170+125
Mar-2020 350226+124
Dec-2019 283259+24
Sep-2019 503330+173
Jun-2019 343257+86
Mar-2019 357170+187
Dec-2018 311203+108
Sep-2018 540333+207
Jun-2018 373342+31
Mar-2018 344182+162
Dec-2017 297262+35
Sep-2017 544402+142
Jun-2017 301357-56
Mar-2017 359182+177
Dec-2016 301236+65
Sep-2016 504517-13
Jun-2016 248350-102
Mar-2016 283203+80
Dec-2015 248328-80
Sep-2015 483468+15
Jun-2015 268395-127
Mar-2015 290279+11

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

Please refer to specific data notes for more information

Yarra Ranges Council

economic profile