City of Belmont

Business trends

The number of GST registered businesses in the the City of Belmont increased by 107 in the Mar-25 Quarter. There were 204 new GST registrations and 97 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 April 2025

Select Industry

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Business trends by industry sector
City of Belmont - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Mar-2025 20497+107
Dec-2024 158116+42
Sep-2024 302153+149
Jun-2024 218132+86
Mar-2024 22288+134
Dec-2023 186112+74
Sep-2023 237153+84
Jun-2023 211117+94
Mar-2023 24492+152
Dec-2022 178129+49
Sep-2022 222181+41
Jun-2022 150119+31
Mar-2022 19091+99
Dec-2021 16095+65
Sep-2021 215142+73
Jun-2021 15683+73
Mar-2021 15469+85
Dec-2020 14489+55
Sep-2020 215104+111
Jun-2020 11058+52
Mar-2020 15770+87
Dec-2019 15278+74
Sep-2019 20994+115
Jun-2019 12070+50
Mar-2019 15271+81
Dec-2018 14670+76
Sep-2018 176113+63
Jun-2018 151124+27
Mar-2018 11559+56
Dec-2017 141100+41
Sep-2017 194167+27
Jun-2017 131115+16
Mar-2017 12542+83
Dec-2016 11485+29
Sep-2016 166161+5
Jun-2016 121134-13
Mar-2016 13853+85
Dec-2015 14095+45
Sep-2015 181153+28
Jun-2015 102110-8
Mar-2015 96104-8

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

Please refer to specific data notes for more information

City of Belmont

economic profile