Inner West Council area

Business trends

The number of GST registered businesses in the the Inner West Council area decreased by -17 in the Dec-24 Quarter. There were 448 new GST registrations and 465 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
Inner West Council area - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Dec-2024 448465-17
Sep-2024 763600+163
Jun-2024 589441+148
Mar-2024 595384+211
Dec-2023 586457+129
Sep-2023 806670+136
Jun-2023 580391+189
Mar-2023 634408+226
Dec-2022 504458+46
Sep-2022 821702+119
Jun-2022 508403+105
Mar-2022 617359+258
Dec-2021 572393+179
Sep-2021 921639+282
Jun-2021 618347+271
Mar-2021 577388+189
Dec-2020 541356+185
Sep-2020 814475+339
Jun-2020 483298+185
Mar-2020 563335+228
Dec-2019 506388+118
Sep-2019 823513+310
Jun-2019 555336+219
Mar-2019 579331+248
Dec-2018 559338+221
Sep-2018 808485+323
Jun-2018 552537+15
Mar-2018 607247+360
Dec-2017 484440+44
Sep-2017 790665+125
Jun-2017 595518+77
Mar-2017 644259+385
Dec-2016 497368+129
Sep-2016 795818-23
Jun-2016 545541+4
Mar-2016 536271+265
Dec-2015 480512-32
Sep-2015 719751-32
Jun-2015 427574-147
Mar-2015 439476-37

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

Please refer to specific data notes for more information

Inner West Council

economic profile