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Australia’s entrepreneur boom: August 2025 breaks records with over 100,000 new ABNs
ROOT
Australia’s entrepreneur boom: August 2025 breaks records with over 100,000 new ABNs
Australia is witnessing an unprecedented surge in entrepreneurship, with the latest figures revealing a record-breaking number of new business registrations in August 2025. According to the newly launched Lawpath New Business Index, a staggering 104,784 new Australian Business Numbers (ABNs) were registered in August, marking a 21% increase compared to the previous year and setting a new record for the month.
Australia’s entrepreneur boom: August 2025 breaks records with over 100,000 new ABNs
Australia is witnessing an unprecedented surge in entrepreneurship, with the latest figures revealing a record-breaking number of new business registrations in August 2025. According to the newly launched Lawpath New Business Index, a staggering 104,784 new Australian Business Numbers (ABNs) were registered in August, marking a 21% increase compared to the previous year and setting a new record for the month.
The Lawpath New Business Index, a novel initiative aimed at providing a clearer picture of the nation’s entrepreneurial landscape, combines verified data from the Australian Business Register (ABR) and the Australian Securities and Investments Commission (ASIC) with anonymised insights from thousands of registrations on the Lawpath platform. This comprehensive approach offers a timely and accurate view of business creation trends across the country.
Tom Willis, the Chief Marketing Officer and co-founder of Lawpath, emphasised the significance of these findings. “This is the clearest signal yet that Australia’s business landscape is being reshaped,” he stated. “We’re seeing entrepreneurs in their 20s, we’re seeing the suburbs and regions emerge as powerhouses, and we’re seeing more people start service-based ventures rather than traditional retail or property plays. The centre of gravity for entrepreneurship is shifting and it’s accelerating.”
The data highlights several key trends in the entrepreneurial landscape. Sole traders are leading the charge, with 75,268 registrations reflecting a 30% year-on-year increase. This trend underscores the rise of microbusinesses and sole traders who are strategically operating under the Goods and Services Tax (GST) threshold, as GST registrations remained steady at 24,514.
Geographically, the entrepreneurial boom is evident across various regions. The postcode 3029, encompassing Tarneit and Hoppers Crossing in Victoria, recorded the highest number of new business registrations in the country, with 1,094 registrations, a 23% increase from the previous year. Craigieburn in Victoria followed closely, with 764 registrations, marking a 33% year-on-year rise. Other notable hotspots include Blacktown in New South Wales, with 455 registrations (+27% YoY), Surfers Paradise in Queensland, with 444 registrations (+24% YoY), and Cairns in Queensland, with 401 registrations, a remarkable 34% increase from the previous year.
The demographic profile of new entrepreneurs is also evolving. Young Australians are at the forefront of this entrepreneurial wave, with registrations among 18 to 24-year-olds soaring by 62% year-on-year. This generational shift is reshaping the business landscape, as young founders bring fresh perspectives and innovative ideas to the market.
Moreover, the diversity of Australia’s entrepreneurial community is expanding. Entrepreneurs born in India represented 21.5% of all registrations, a 14% increase from the previous year. Meanwhile, Pakistan-born entrepreneurs saw a 26% rise in registrations. In contrast, registrations from China-born founders declined by 13% year-on-year.
The Lawpath New Business Index serves as a valuable tool for policymakers, industry leaders, and aspiring entrepreneurs, offering insights into the evolving trends in business creation. By understanding these shifts, Australia can foster a more resilient and diverse business environment that reflects the ambition and innovation of its founders.
Willis highlighted the transformative potential of the index, stating, “We’re not just capturing a moment in time; we’re providing a tool for spotting trends, challenging assumptions, and inspiring action. By understanding the shifts happening in entrepreneurship, Australia can shape a stronger, more resilient business landscape.”
As Australia’s entrepreneurial engine continues to gain momentum, the implications for the economy are profound. The surge in new business registrations signals a growing appetite for innovation and enterprise, driven by a diverse and dynamic community of founders. With the Lawpath New Business Index shedding light on these developments, the future of entrepreneurship in Australia looks brighter than ever.
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