Thursday, 26 September 2013

New release from ABS on characteristics of small business 2011-12

Another major release on small business stats from the ABS - Cat.8167.0

 It covers a large range of characteristics which deserve our attention, including:

  • Business Structure and Arrangements
  • Business Markets and Competition
  • Business Finance
  • Business Use of Information Technology
  • Business Innovation
  • Business Performance
  • Barriers to Innovation and General Business Activities or Performance
  • Skills
Datacubes are available for download if you wish to do some analysis.

When the word productivity appears in nearly every discussion on business development, there is one key message that ABS wishes you to know:

Businesses that pursued innovation were more than twice as likely to have improved their productivity than those that didn't.

Wednesday, 21 August 2013

Business use of technology - new ABS data released today

One of the drivers to business growth is of course to do with the use of technology in various manners. ABS has just released its latest results for 2011-12.

Small businesses, in particular micro-businesses, continue to lag behind compared with medium and large enterprises in their use of technology to drive growth and productivity.

Further info are available here.

Wednesday, 24 July 2013

Latest data on Australian businesses - Counts of Australian Businesses, including Entries and Exits

Australian Bureau of Statistics (ABS) has recently released data cubes from Cat. 8165.0 Counts of Australian Businesses, including Entries and Exits, which enable me to determine the number of small businesses by State, by employment size, by industry and by statistical area (as at end June 2012).

Here is my first cut analysising what is happening on small business counts in my home state (Victoria).

  • As at June 2012, there were 551,220 actively trading businesses in Victoria, representing 25.7 per cent of all businesses in Australia (2,141,280).
  • There has been a net increase of 8,868 actively trading businesses in Australia (June 2012 compared with June 2011), due to an increase in new registrations, as well as decline in the exit rate of businesses
  • The largest increase in businesses for a single state, as highlighted by the Australian Bureau of Statistics, is Victoria (7,291), among which 6,794 are small businesses.
  • While NSW (3,849), ACT (403) and NT (165) also recorded increases, there are States posted a decline: Queensland (-2,032), WA (-771) and Tasmania (-181).
Changes in number of businesses (June 2012 compared with June 2011)
  • Victoria    7,291
  • NSW    3,849
  • ACT    403
  • currently unknown    170
  • NT    165
  • Queensland    -2,032
  • WA    -771
  • Tasmania    -181
  • SA    -26
  • Australia (net increase)    8,868
The figure of 551,220 represents businesses of all sizes, with the breakdown by size of employment as follows:
  • Non-employing micro-business     336,149 
  • Employing micro-business (1-4 employed persons)    135,249
  • Other employing small business (5-19)    58,292
  • Medium business (20-199)    19,977
  • Large business (200+)    1,630
  • TOTAL    551,220
  • As at June 2012, ABS confirmed Victoria had more than half a million actively trading small businesses (529,690). The ABS defines a small business as a business employing less than 20 people.*

*The ABS defines a small and medium enterprise (SME) as a business employing 199 or less people. As at June 2012, the total number of Victorian SMEs is 549,667.

  • When compared with June 2011 (522,896), there has been an increase of 6,794 small businesses, representing an average annual growth of 1.3%.

  • Small business is an essential part of the Victorian economy, representing 96 per cent of all businesses and supplying 47 per cent of private sector jobs. Around 28 per cent of small businesses are located in regional and rural Victoria.

  • Small businesses can be found in almost every industry and sector.

  • The top five sectors with the greatest numbers of small businesses are:

o construction (87,857 - 16.6 per cent of all small businesses);
o professional, scientific and technical services (65,353 - 12.3 per cent);
o rental, hiring and real estate services (55,494 - 10.5 per cent);
o agriculture, forestry and fishing (43,770 - 8.3 per cent); and
o financial and insurance services (43,694 - 8.2 per cent).

Thursday, 10 January 2013

Number of small businesses by local council

I have managed to obtain the following list for Victoria in Australia from my Commonwealth counterpart (DIISRTE Industry Policy & Analysis Branch).

As the official data from ABS is provided at Statistical Area Level 2 since 2011, this is not an official dataset.

But it is still being useful to have a quick understanding which local councils have the highest number of small businesses.

There is also a list of small businesses by Commonwealth electoral division, which is more relevant to pollies than me.

No of small
Alpine (S) 1430
Ararat (RC) 1110
Ballarat (C) 6960
Banyule (C) 9880
Bass Coast (S) 2680
Baw Baw (S) 4790
Bayside (C) 12230
Benalla (RC) 1470
Berrigan (A) 1100
Boroondara (C) 22610
Brimbank (C) 12530
Buloke (S) 1000
Campaspe (S) 4110
Cardinia (S) 6400
Casey (C) 16070
Central Goldfields (S) 890
Colac-Otway (S) 2280
Corangamite (S) 2370
Darebin (C) 11040
East Gippsland (S) 6310
Frankston (C) 9180
Gannawarra (S) 1370
Glen Eira (C) 14610
Glenelg (S) 2060
Golden Plains (S) 1550
Greater Bendigo (C) 7150
Greater Dandenong (C) 11710
Greater Geelong (C) 15190
Greater Shepparton (C) 6070
Hepburn (S) 1360
Hindmarsh (S) 870
Hobsons Bay (C) 6650
Horsham (RC) 2040
Hume (C) 11960
Indigo (S) 1660
Kingston (C) 14970
Knox (C) 12640
Latrobe (C) 4270
Loddon (S) 1050
Macedon Ranges (S) 4410
Manningham (C) 12370
Mansfield (S) 1090
Maribyrnong (C) 5930
Maroondah (C) 8880
Melbourne (C) 30500
Melton (S) 5880
Mildura (RC) 4780
Mitchell (S) 2840
Moira (S) 3020
Monash (C) 17000
Moonee Valley (C) 9910
Moorabool (S) 2370
Moreland (C) 11150
Mornington Peninsula (S) 13470
Mount Alexander (S) 1440
Moyne (S) 2200
Murrindindi (S) 1710
Nillumbik (S) 6430
Northern Grampians (S) 1200
Port Phillip (C) 16350
Pyrenees (S) 800
Queenscliffe (B) 300
South Gippsland (S) 4260
Southern Grampians (S) 2030
Stonnington (C) 16000
Strathbogie (S) 1330
Surf Coast (S) 2920
Swan Hill (RC) 2400
Towong (S) 900
Unincorporated Vic 110
Wangaratta (RC) 2970
Warrnambool (C) 2710
Wellington (S) 3900
West Wimmera (S) 740
Whitehorse (C) 14040
Whittlesea (C) 10480
Wodonga (RC) 2630
Wyndham (C) 8860
Yarra (C) 12380
Yarra Ranges (S) 13060
Yarriambiack (S) 1060