Trends & Research

Lawpath New Business Index • April 2026

109,710 New Businesses in April. The data driving Australia's latest boom

Breaking down founder ages, business origins, and the industries driving Australia forward

January 2024 - April 2026 • Monthly ABN Registration Trends and Insights

68,776
75,264
74,380
70,717
74,596
72,872
96,802
73,766
72,363
78,991
74,633
61,190
104,471
106,061
112,892
103,098
105,834
107,597
129,900
109,316
110,678
118,511
111,860
95,368
112,333
118,145
127,447
109,710
Jan'24
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan'25
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan'26
Feb
Mar
Apr

109,710

ABN registrations this month

+6.41%

Growth Rate (YoY)

95,628

Monthly Average

January 2024 - April 2026 • Monthly ACN Registration Trends and Insights

19,920
26,419
26,194
25,494
29,766
33,175
29,549
27,071
26,399
27,617
25,852
20,694
20,475
26,971
29,465
27,431
31,990
38,555
35,844
31,642
33,429
32,805
30,603
25,538
24,563
31,325
34,481
29,909
Jan'24
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan'25
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan'26
Feb
Mar
Apr

29,909

ACN registrations this month

+9.03%

Growth Rate (YoY)

28,685

Monthly Average

January 2024 - April 2026 • GST Registration Trends and Insights

30,345
23,030
21,335
32,787
23,930
19,849
62,395
23,447
21,871
33,327
23,206
17,289
33,966
25,738
24,778
35,544
26,891
23,776
63,843
27,226
25,757
36,961
25,874
20,056
31,278
25,689
27,337
30,366
Jan'24
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan'25
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan'26
Feb
Mar
Apr

30,366

GST registrations this month

-14.57%

Growth Rate (YoY)

29,210

Monthly Average

What is the
New Business Index?

We launched the Lawpath New Business Index to answer a simple but important question: how is entrepreneurship in Australia really evolving? For too long, conversations about small business have relied on lagging reports or isolated anecdotes. We wanted to give founders, policymakers, and industry leaders a clear, timely view of what’s actually happening.

Each month, the Index brings together verified data from the Australian Business Register (ABR) and ASIC with anonymised insights from thousands of registrations on the Lawpath platform. The result is a unique picture of who is starting businesses, where they are based, and which industries are driving growth.

Our goal is to make this information useful. Not just as a snapshot, but as a way to spot trends, challenge assumptions, and inspire action. When we understand the shifts happening in entrepreneurship, we can help shape a stronger, more resilient business landscape for Australia.

Statistics for April 2026

Key growth signals from the ABN registry and Australia’s latest new business registrations.

+6.41% YoY

NEW BUSINESS REGISTERED

109,710

Total ABN registrations this month

(vs 103,098 in April 2025)

Source: Australian Business Register – ABN Bulk Extract (data.gov.au), accessed 11 May 2026

+9.03% YoY

NEW COMPANIES REGISTERED

29,909

Total ACN registrations this month

(vs 27,431 in April 2025)

Source: ASIC – Company registration statistics (monthly new company registrations), accessed 11 May 2026

-14.57% YoY

GST Status

30,366

Business Registered for GST

(vs 35,544 in April 2025)

Source: Australian Business Register – ABN Bulk Extract (data.gov.au), accessed 11 May 2026

Summary

April’s numbers show Australia’s new business growth is still strong, but no longer follows the old Sydney-Melbourne CBD script. 109,710 new businesses were registered, up 6.41% YoY, while 29,909 companies were registered, up 9.03%.

 

The fastest growth came from smaller states and territories. Tasmania led at 25.71% YoY growth, followed by the Northern Territory at 15.40%, South Australia at 12.44% and Western Australia at 11.11%. NSW and Victoria still carried the highest registration volumes, but April’s strongest growth rates came from outside the two largest state economies.

 

At a suburb level, Melbourne CBD 3000 and Sydney CBD 2000 remained major registration hubs, showing the CBDs still matter even as the growth story becomes more nationally spread.

 

The founder profile also looks more mature and practical, with 45–54-year-olds making up the largest age cohort in April, while Personal and Other Services, Property and Business Services, and Retail Trade topped the industry mix. Together, the data points to a broader, older and more distributed wave of Australian business formation.

Australia’s business formation at a glance

A closer look at how Australia’s new businesses are taking shape, from the structures they choose to the regions driving growth.

Business Structures
81,082
Sole Traders
Category Value Share YoY Growth
States & Territories
34,471
NSW
State Value YoY Growth
Suburbs
1,105
3029
Postcode Value YoY Growth

Source: Australian Business Register – ABN Bulk Extract (monthly new company registrations), accessed 11 May 2026

Most Popular Structure

Sole Trader

+9.74% YoY, leading driver of growth
Growth Leader

Tasmania

+25.71% YoY, fastest growth
Metro Dominance

68.92%

in major metropolitan areas

Business formation breakdown by suburbs in Australia

Explore our interactive map to see where new businesses are forming across Australia, suburb by suburb.

All States
NSW
VIC
QLD
SA
WA
ACT
TAS
NT
Australia Business Statistics
Total Active ABNs 9,016,843
New Businesses (YTD) 466,672
Growth Rate (YTD) +9.60%
New Businesses (YTD)
1,000+
500 – 999
300 – 499
200 – 299
0 – 199

Source: Australian Business Register – ABN Bulk Extract, accessed 13 April 2026

Lawpath Platform Insights

Key metrics and trends from companies registered through our platform

Age Distribution of Founders
20.5%
45–54 years
Age Group YoY Growth
Countries of Birth
27.8%
Australia
Country YoY Growth
Industry Distribution
24.4%
Personal Services
Industry YoY Growth
Sharpest Age Rise

55+ yrs

+16.90% YoY Growth
International Diversity

72.2%

born outside Australia
Personal Services

24.4%

+96.3% YoY Growth

Methodology

Each month, the Lawpath New Business Index captures how entrepreneurship in Australia is evolving.

Using verified data from the Australian Business Register (ABR) and ASIC, combined with anonymised insights from thousands of registrations processed through the Lawpath platform, we deliver a verified, month‑by‑month view of who is starting businesses, where they are based, and the industries they are choosing.

April's numbers show that the surge in new businesses we saw at the start of the year isn’t slowing down. What’s particularly interesting is that more founders are choosing to incorporate earlier, which suggests people are starting businesses with a longer-term view rather than simply testing side projects.

Tom Willis

Chief Marketing Officer, Lawpath

April 2026

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Sole trader

As the simplest business structure, sole traders are responsible for the legal and financial aspects of their business.

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