City of Knox

Business trends

The number of GST registered businesses in the the City of Knox increased by 43 in the Mar-25 Quarter. There were 385 new GST registrations and 342 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
City of Knox - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Mar-2025 385342+43
Dec-2024 352340+12
Sep-2024 598487+111
Jun-2024 450308+142
Mar-2024 427266+161
Dec-2023 401300+101
Sep-2023 662503+159
Jun-2023 438302+136
Mar-2023 431296+135
Dec-2022 385334+51
Sep-2022 665590+75
Jun-2022 437402+35
Mar-2022 529288+241
Dec-2021 457287+170
Sep-2021 938437+501
Jun-2021 506240+266
Mar-2021 418272+146
Dec-2020 349161+188
Sep-2020 545268+277
Jun-2020 303179+124
Mar-2020 377248+129
Dec-2019 378274+104
Sep-2019 587342+245
Jun-2019 369241+128
Mar-2019 368242+126
Dec-2018 379232+147
Sep-2018 600348+252
Jun-2018 412347+65
Mar-2018 440181+259
Dec-2017 361332+29
Sep-2017 665480+185
Jun-2017 419399+20
Mar-2017 447170+277
Dec-2016 324252+72
Sep-2016 596531+65
Jun-2016 402349+53
Mar-2016 365210+155
Dec-2015 298327-29
Sep-2015 510489+21
Jun-2015 319392-73
Mar-2015 306316-10

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 Knox

economic profile