City of Greater Geelong

Business trends

The number of GST registered businesses in the the City of Greater Geelong increased by 42 in the Dec-24 Quarter. There were 619 new GST registrations and 577 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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Looking for the official business count? Businesses by Industry.
Business trends by industry sector
City of Greater Geelong - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Dec-2024 619577+42
Sep-2024 915840+75
Jun-2024 803538+265
Mar-2024 764472+292
Dec-2023 771543+228
Sep-2023 1,093744+349
Jun-2023 763469+294
Mar-2023 823481+342
Dec-2022 746565+181
Sep-2022 1,013906+107
Jun-2022 797597+200
Mar-2022 923416+507
Dec-2021 802421+381
Sep-2021 1,433635+798
Jun-2021 840375+465
Mar-2021 732403+329
Dec-2020 623316+307
Sep-2020 874452+422
Jun-2020 542265+277
Mar-2020 649325+324
Dec-2019 586393+193
Sep-2019 862426+436
Jun-2019 632349+283
Mar-2019 609262+347
Dec-2018 517308+209
Sep-2018 832432+400
Jun-2018 660478+182
Mar-2018 598222+376
Dec-2017 499319+180
Sep-2017 849495+354
Jun-2017 573508+65
Mar-2017 529276+253
Dec-2016 437298+139
Sep-2016 750596+154
Jun-2016 454515-61
Mar-2016 465273+192
Dec-2015 392407-15
Sep-2015 657568+89
Jun-2015 396593-197
Mar-2015 414397+17

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

Please refer to specific data notes for more information

City of Greater Geelong

economic profile