MidCoast Council area

Business trends

The number of GST registered businesses in the the MidCoast Council area increased by 14 in the Mar-25 Quarter. There were 135 new GST registrations and 121 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
MidCoast Council area - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Mar-2025 135121+14
Dec-2024 116163-47
Sep-2024 216253-37
Jun-2024 141152-11
Mar-2024 150140+10
Dec-2023 1711710
Sep-2023 322272+50
Jun-2023 165137+28
Mar-2023 180171+9
Dec-2022 193150+43
Sep-2022 323251+72
Jun-2022 196118+78
Mar-2022 206138+68
Dec-2021 208141+67
Sep-2021 280237+43
Jun-2021 190114+76
Mar-2021 178123+55
Dec-2020 18493+91
Sep-2020 255145+110
Jun-2020 14559+86
Mar-2020 16186+75
Dec-2019 114123-9
Sep-2019 224177+47
Jun-2019 141108+33
Mar-2019 14373+70
Dec-2018 12676+50
Sep-2018 240126+114
Jun-2018 147180-33
Mar-2018 16093+67
Dec-2017 153129+24
Sep-2017 270202+68
Jun-2017 150189-39
Mar-2017 13291+41
Dec-2016 143117+26
Sep-2016 241210+31
Jun-2016 130197-67
Mar-2016 12697+29
Dec-2015 119130-11
Sep-2015 218256-38
Jun-2015 117202-85
Mar-2015 119135-16

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

Please refer to specific data notes for more information

MidCoast Council

economic profile