businesses per year - Source frequency: annual
Business entries minus business exits per year.
Both metrics sourced from ABS Cat. 8165.0. Positive values indicate net growth in the business population. Business exits include all causes of cessation, not just insolvency.
Source frequency: Mixed (annual output from inputs at various frequencies, carried forward to monthly display)
The difference between new business entries and total business exits each year. Positive values mean the business population is growing; negative means it is shrinking.
Net business formation shows whether entrepreneurial activity is outpacing closures, signaling underlying economic dynamism and confidence.
Higher is better
Source: Derived: ABS Cat. 8165.0 (entries minus exits)
GREEN = favorable trend within acceptable band of baseline. AMBER = flat or mild change. RED = unfavorable trend beyond threshold.
