City of Monash

Business trends

The number of GST registered businesses in the the City of Monash increased by 262 in the Mar-25 Quarter. There were 787 new GST registrations and 525 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 Monash - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Mar-2025 787525+262
Dec-2024 750535+215
Sep-2024 1,090829+261
Jun-2024 865525+340
Mar-2024 844450+394
Dec-2023 790497+293
Sep-2023 1,158793+365
Jun-2023 900434+466
Mar-2023 894446+448
Dec-2022 749562+187
Sep-2022 1,104911+193
Jun-2022 743518+225
Mar-2022 845432+413
Dec-2021 803405+398
Sep-2021 1,710683+1,027
Jun-2021 919394+525
Mar-2021 811406+405
Dec-2020 635312+323
Sep-2020 976515+461
Jun-2020 601292+309
Mar-2020 717367+350
Dec-2019 720376+344
Sep-2019 1,054534+520
Jun-2019 667413+254
Mar-2019 712327+385
Dec-2018 623365+258
Sep-2018 1,045515+530
Jun-2018 725557+168
Mar-2018 717265+452
Dec-2017 698405+293
Sep-2017 1,121689+432
Jun-2017 785568+217
Mar-2017 717259+458
Dec-2016 658352+306
Sep-2016 933775+158
Jun-2016 623508+115
Mar-2016 624278+346
Dec-2015 536440+96
Sep-2015 844679+165
Jun-2015 534571-37
Mar-2015 501438+63

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 Monash

economic profile