Banana Shire

Business trends

The number of GST registered businesses in the Banana Shire increased by 5 in the Mar-25 Quarter. There were 36 new GST registrations and 31 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 July 2025

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Looking for the official business count? Businesses by Industry.
Business trends by industry sector
Banana Shire - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Mar-2025 3631+5
Dec-2024 3327+6
Sep-2024 5642+14
Jun-2024 4233+9
Mar-2024 3718+19
Dec-2023 4134+7
Sep-2023 6443+21
Jun-2023 4519+26
Mar-2023 4630+16
Dec-2022 3635+1
Sep-2022 5746+11
Jun-2022 3721+16
Mar-2022 4820+28
Dec-2021 3620+16
Sep-2021 6742+25
Jun-2021 3513+22
Mar-2021 2614+12
Dec-2020 2818+10
Sep-2020 5231+21
Jun-2020 4614+32
Mar-2020 3921+18
Dec-2019 2218+4
Sep-2019 5837+21
Jun-2019 259+16
Mar-2019 3610+26
Dec-2018 2513+12
Sep-2018 5531+24
Jun-2018 2631-5
Mar-2018 2811+17
Dec-2017 4514+31
Sep-2017 5628+28
Jun-2017 2127-6
Mar-2017 3012+18
Dec-2016 3218+14
Sep-2016 4436+8
Jun-2016 2629-3
Mar-2016 3111+20
Dec-2015 2219+3
Sep-2015 5333+20
Jun-2015 1833-15
Mar-2015 2118+3

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

Please refer to specific data notes for more information

Banana Shire

economic profile