Tuesday, 1 April 2014

ABS Counts of Australian Businesses, including Entries and Exits (CABEE) just released

The annual ABS publication Cat.8165.0, in what ABS terms as "CABEE" has just been released. It provides he latest headline statistics on number of businesses in various sizes in various categories. I am still going through it at the moment. But it is a bit of shock that all States and Territories posted decreases in number of actively trading businesses, going against the trend for last few years. Will post more results later.

My home State, Victoria went from 551,111 number of businesses in June 2012 to 538,775 in June 2013 - a -2.2% decrease (lower than the national average of -2.9%). The worst happened in Queensland, down by -3.3% to 414,438, total number even less than that achieved in June 2009 (420,974).