Actively trading businesses in 2022-2023 there were 2,589,873 in the Australian economy
In 2022-23 there was a:
- 0.8% or 19,973 increase in the number of businesses
- 15.8% entry rate, with 406,365 entries
- 15% exit rate, with 386,392 exits
Source: Australian Bureau of Statistics https://www.abs.gov.au/statistics/