Randwick City

Business trends

The number of GST registered businesses in the Randwick City increased by 122 in the Jun-25 Quarter. There were 414 new GST registrations and 292 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 October 2025

Select Industry

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Business trends by industry sector
Randwick City - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2025 414292+122
Mar-2025 447289+158
Dec-2024 352270+82
Sep-2024 568441+127
Jun-2024 469334+135
Mar-2024 519258+261
Dec-2023 403268+135
Sep-2023 574456+118
Jun-2023 433247+186
Mar-2023 450267+183
Dec-2022 368346+22
Sep-2022 556496+60
Jun-2022 392303+89
Mar-2022 475248+227
Dec-2021 381266+115
Sep-2021 577435+142
Jun-2021 440231+209
Mar-2021 432248+184
Dec-2020 344236+108
Sep-2020 576330+246
Jun-2020 292170+122
Mar-2020 406245+161
Dec-2019 324241+83
Sep-2019 511316+195
Jun-2019 371212+159
Mar-2019 405204+201
Dec-2018 346235+111
Sep-2018 524341+183
Jun-2018 396344+52
Mar-2018 382167+215
Dec-2017 355272+83
Sep-2017 555446+109
Jun-2017 353320+33
Mar-2017 429163+266
Dec-2016 370206+164
Sep-2016 533487+46
Jun-2016 354319+35
Mar-2016 395187+208
Dec-2015 315321-6
Sep-2015 492478+14
Jun-2015 330370-40
Mar-2015 322333-11

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

Please refer to specific data notes for more information

Randwick City Council

economic profile