Willoughby City

Business trends

The number of GST registered businesses in the Willoughby City increased by 50 in the Dec-24 Quarter. There were 263 new GST registrations and 213 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
Willoughby City - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Dec-2024 263213+50
Sep-2024 415322+93
Jun-2024 355238+117
Mar-2024 381182+199
Dec-2023 313244+69
Sep-2023 412319+93
Jun-2023 323210+113
Mar-2023 336215+121
Dec-2022 295239+56
Sep-2022 412360+52
Jun-2022 323197+126
Mar-2022 364202+162
Dec-2021 301207+94
Sep-2021 444334+110
Jun-2021 378189+189
Mar-2021 371179+192
Dec-2020 331162+169
Sep-2020 451307+144
Jun-2020 238136+102
Mar-2020 342171+171
Dec-2019 332228+104
Sep-2019 464278+186
Jun-2019 345200+145
Mar-2019 330190+140
Dec-2018 292145+147
Sep-2018 464278+186
Jun-2018 349286+63
Mar-2018 366131+235
Dec-2017 319203+116
Sep-2017 484392+92
Jun-2017 349280+69
Mar-2017 358136+222
Dec-2016 322161+161
Sep-2016 516429+87
Jun-2016 322286+36
Mar-2016 296161+135
Dec-2015 264257+7
Sep-2015 432356+76
Jun-2015 262304-42
Mar-2015 264233+31

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

Please refer to specific data notes for more information

Willoughby City Council

economic profile