Wollongong City

Business trends

The number of GST registered businesses in the Wollongong City increased by 99 in the Mar-25 Quarter. There were 467 new GST registrations and 368 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
Wollongong City - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Mar-2025 467368+99
Dec-2024 427342+85
Sep-2024 673526+147
Jun-2024 503338+165
Mar-2024 506322+184
Dec-2023 497418+79
Sep-2023 766552+214
Jun-2023 475356+119
Mar-2023 530320+210
Dec-2022 478404+74
Sep-2022 737541+196
Jun-2022 543279+264
Mar-2022 538257+281
Dec-2021 493329+164
Sep-2021 731432+299
Jun-2021 497254+243
Mar-2021 492261+231
Dec-2020 377226+151
Sep-2020 602300+302
Jun-2020 348167+181
Mar-2020 419269+150
Dec-2019 398280+118
Sep-2019 585396+189
Jun-2019 380246+134
Mar-2019 458202+256
Dec-2018 384187+197
Sep-2018 623295+328
Jun-2018 421368+53
Mar-2018 427179+248
Dec-2017 342262+80
Sep-2017 613413+200
Jun-2017 430357+73
Mar-2017 400163+237
Dec-2016 339274+65
Sep-2016 586525+61
Jun-2016 343404-61
Mar-2016 340192+148
Dec-2015 317314+3
Sep-2015 563424+139
Jun-2015 336386-50
Mar-2015 319299+20

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

Please refer to specific data notes for more information

Wollongong City Council

economic profile