Inner West Council area

Business trends

The number of GST registered businesses in the the Inner West Council area increased by 69 in the Mar-25 Quarter. There were 502 new GST registrations and 433 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
Inner West Council area - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Mar-2025 502433+69
Dec-2024 454467-13
Sep-2024 778603+175
Jun-2024 593441+152
Mar-2024 593383+210
Dec-2023 584452+132
Sep-2023 810670+140
Jun-2023 573383+190
Mar-2023 630403+227
Dec-2022 505459+46
Sep-2022 816701+115
Jun-2022 509403+106
Mar-2022 616358+258
Dec-2021 567385+182
Sep-2021 905637+268
Jun-2021 609344+265
Mar-2021 566389+177
Dec-2020 531357+174
Sep-2020 808474+334
Jun-2020 477297+180
Mar-2020 563335+228
Dec-2019 505386+119
Sep-2019 820509+311
Jun-2019 551336+215
Mar-2019 575329+246
Dec-2018 554336+218
Sep-2018 804484+320
Jun-2018 552533+19
Mar-2018 602246+356
Dec-2017 482437+45
Sep-2017 784658+126
Jun-2017 589516+73
Mar-2017 638260+378
Dec-2016 495366+129
Sep-2016 784818-34
Jun-2016 5425420
Mar-2016 530275+255
Dec-2015 478512-34
Sep-2015 720747-27
Jun-2015 424574-150
Mar-2015 438471-33

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

Please refer to specific data notes for more information

Inner West Council

economic profile