Randwick City

Business trends

The number of GST registered businesses in the Randwick City increased by 137 in the Mar-25 Quarter. There were 434 new GST registrations and 297 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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Looking for the official business count? Businesses by Industry.
Business trends by industry sector
Randwick City - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Mar-2025 434297+137
Dec-2024 348272+76
Sep-2024 568453+115
Jun-2024 479337+142
Mar-2024 526264+262
Dec-2023 403270+133
Sep-2023 579455+124
Jun-2023 428247+181
Mar-2023 451267+184
Dec-2022 370348+22
Sep-2022 557506+51
Jun-2022 387301+86
Mar-2022 477251+226
Dec-2021 380268+112
Sep-2021 577438+139
Jun-2021 438232+206
Mar-2021 435247+188
Dec-2020 345239+106
Sep-2020 577331+246
Jun-2020 298170+128
Mar-2020 406245+161
Dec-2019 326241+85
Sep-2019 517318+199
Jun-2019 369218+151
Mar-2019 412205+207
Dec-2018 348236+112
Sep-2018 530342+188
Jun-2018 397345+52
Mar-2018 381169+212
Dec-2017 361271+90
Sep-2017 560450+110
Jun-2017 354322+32
Mar-2017 432165+267
Dec-2016 374206+168
Sep-2016 537490+47
Jun-2016 354318+36
Mar-2016 395188+207
Dec-2015 317322-5
Sep-2015 492478+14
Jun-2015 332371-39
Mar-2015 321333-12

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