Penrith City

Business trends

The number of GST registered businesses in the Penrith City increased by 177 in the Mar-25 Quarter. There were 577 new GST registrations and 400 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
Penrith City - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Mar-2025 577400+177
Dec-2024 539429+110
Sep-2024 703538+165
Jun-2024 596401+195
Mar-2024 592295+297
Dec-2023 523410+113
Sep-2023 823603+220
Jun-2023 632325+307
Mar-2023 641351+290
Dec-2022 569434+135
Sep-2022 803792+11
Jun-2022 575467+108
Mar-2022 812305+507
Dec-2021 673300+373
Sep-2021 832515+317
Jun-2021 523240+283
Mar-2021 557269+288
Dec-2020 441253+188
Sep-2020 671365+306
Jun-2020 390194+196
Mar-2020 480254+226
Dec-2019 445297+148
Sep-2019 642460+182
Jun-2019 447263+184
Mar-2019 508184+324
Dec-2018 479178+301
Sep-2018 635310+325
Jun-2018 488372+116
Mar-2018 453188+265
Dec-2017 400289+111
Sep-2017 720489+231
Jun-2017 428383+45
Mar-2017 480182+298
Dec-2016 396257+139
Sep-2016 600527+73
Jun-2016 425372+53
Mar-2016 384210+174
Dec-2015 364360+4
Sep-2015 613488+125
Jun-2015 333357-24
Mar-2015 309356-47

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

Please refer to specific data notes for more information

Penrith City Council

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