Hume City

Business trends

The number of GST registered businesses in the Hume City increased by 481 in the Mar-25 Quarter. There were 1,147 new GST registrations and 666 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

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Business trends by industry sector
Hume City - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Mar-2025 1,147666+481
Dec-2024 1,033724+309
Sep-2024 1,6561,067+589
Jun-2024 1,168848+320
Mar-2024 1,231584+647
Dec-2023 1,150601+549
Sep-2023 1,8481,009+839
Jun-2023 1,279550+729
Mar-2023 1,382531+851
Dec-2022 1,162694+468
Sep-2022 1,6801,409+271
Jun-2022 1,0861,049+37
Mar-2022 1,497611+886
Dec-2021 1,359447+912
Sep-2021 2,851618+2,233
Jun-2021 1,471421+1,050
Mar-2021 1,297418+879
Dec-2020 900298+602
Sep-2020 1,312495+817
Jun-2020 711304+407
Mar-2020 985359+626
Dec-2019 877394+483
Sep-2019 1,306450+856
Jun-2019 794354+440
Mar-2019 826336+490
Dec-2018 787316+471
Sep-2018 1,282450+832
Jun-2018 827500+327
Mar-2018 776221+555
Dec-2017 739384+355
Sep-2017 1,262566+696
Jun-2017 757485+272
Mar-2017 768237+531
Dec-2016 675304+371
Sep-2016 1,128581+547
Jun-2016 585433+152
Mar-2016 577251+326
Dec-2015 501363+138
Sep-2015 809513+296
Jun-2015 461458+3
Mar-2015 462359+103

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

Please refer to specific data notes for more information

Hume City

economic profile