North Sydney Council area

Business trends

The number of GST registered businesses in the North Sydney Council area increased by 23 in the Mar-25 Quarter. There were 324 new GST registrations and 301 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
North Sydney Council area - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Mar-2025 324301+23
Dec-2024 311296+15
Sep-2024 432414+18
Jun-2024 374317+57
Mar-2024 357335+22
Dec-2023 348240+108
Sep-2023 461451+10
Jun-2023 365259+106
Mar-2023 406240+166
Dec-2022 336328+8
Sep-2022 458437+21
Jun-2022 394260+134
Mar-2022 361288+73
Dec-2021 301271+30
Sep-2021 589394+195
Jun-2021 413256+157
Mar-2021 401257+144
Dec-2020 405227+178
Sep-2020 536333+203
Jun-2020 316198+118
Mar-2020 371246+125
Dec-2019 344248+96
Sep-2019 521320+201
Jun-2019 389240+149
Mar-2019 401234+167
Dec-2018 360244+116
Sep-2018 537365+172
Jun-2018 371344+27
Mar-2018 402166+236
Dec-2017 408335+73
Sep-2017 493455+38
Jun-2017 366357+9
Mar-2017 396153+243
Dec-2016 359281+78
Sep-2016 520508+12
Jun-2016 376358+18
Mar-2016 359201+158
Dec-2015 329301+28
Sep-2015 511412+99
Jun-2015 311388-77
Mar-2015 362325+37

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

Please refer to specific data notes for more information

North Sydney Council

economic profile