Toowoomba

Business trends

The number of GST registered businesses in the Toowoomba increased by 122 in the Mar-25 Quarter. There were 442 new GST registrations and 320 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
Toowoomba - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Mar-2025 442320+122
Dec-2024 381320+61
Sep-2024 675498+177
Jun-2024 474289+185
Mar-2024 456248+208
Dec-2023 424358+66
Sep-2023 619499+120
Jun-2023 431302+129
Mar-2023 536269+267
Dec-2022 461301+160
Sep-2022 679522+157
Jun-2022 472272+200
Mar-2022 443241+202
Dec-2021 412263+149
Sep-2021 691489+202
Jun-2021 421260+161
Mar-2021 447260+187
Dec-2020 353213+140
Sep-2020 531324+207
Jun-2020 330167+163
Mar-2020 371160+211
Dec-2019 293258+35
Sep-2019 471379+92
Jun-2019 342204+138
Mar-2019 327174+153
Dec-2018 299174+125
Sep-2018 486258+228
Jun-2018 320344-24
Mar-2018 358161+197
Dec-2017 340251+89
Sep-2017 478371+107
Jun-2017 351346+5
Mar-2017 351166+185
Dec-2016 319231+88
Sep-2016 512470+42
Jun-2016 334376-42
Mar-2016 319202+117
Dec-2015 318305+13
Sep-2015 452438+14
Jun-2015 313403-90
Mar-2015 301280+21

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

Please refer to specific data notes for more information

Toowoomba Regional Council

economic profile