ROOT
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.
RELATED ARTICLES
Earn
Beyond the cash rate: How affordability reshaped Australia’s property playbook in 2025
Australian buyers are less fixated on interest rates and more constrained by affordability, a pivot that is quietly rewriting strategies for banks, developers and institutional investorsRead more
Earn
Australia’s rate cut revealed: What it means for property, profits and the months ahead
The RBA’s 25-basis-point cut to 3.6% extends the easing cycle and resets the calculus for households, lenders and property operators. Expect a faster spring selling season and a sharper rate war, but ...Read more
Earn
Beyond the sticker price: decoding a property’s real value in a volatile market
As prices in several Australian cities keep defying slower growth and higher rates, the question isn’t what a property costs—it’s what it’s truly worth. Value today is a stack: cash flows, replacement ...Read more
Earn
Cohorts, credits and competition: decoding Australia’s retirement reform consultation
Can a $3.9 trillion super system finally crack the ‘last mile’ of retirement? Canberra’s consultation on cohort-based retirement solutions aims to move beyond accumulation-era thinking, with ...Read more
Earn
Australian employment data shows mixed signals as full-time jobs rise despite overall decline
Australia's employment landscape presented mixed signals in May, with overall employment declining despite a strong rise in full-time positions, according to analysis of the latest Labour Force dataRead more
Earn
Millennials face 'generational squeeze' as most vulnerable group in retirement
Millennials will be the most vulnerable demographic to face the "generational squeeze" in retirement, caught between supporting elderly parents and adult children while funding their own later years, ...Read more
Earn
Top workplaces for women in 2025 highlight progress in gender equity and inclusive leadership
Australia’s top workplaces for women in 2025 have been announced, recognising companies that are leading the way in gender equity, flexible work arrangements and inclusive leadership development. Read more
Earn
Employee satisfaction dips as Australian workplaces tackle retention challenges
Australian workplace satisfaction has declined to 78 per cent as companies grapple with economic pressures and changing work dynamics, according to a new report. Read more
Earn
Beyond the cash rate: How affordability reshaped Australia’s property playbook in 2025
Australian buyers are less fixated on interest rates and more constrained by affordability, a pivot that is quietly rewriting strategies for banks, developers and institutional investorsRead more
Earn
Australia’s rate cut revealed: What it means for property, profits and the months ahead
The RBA’s 25-basis-point cut to 3.6% extends the easing cycle and resets the calculus for households, lenders and property operators. Expect a faster spring selling season and a sharper rate war, but ...Read more
Earn
Beyond the sticker price: decoding a property’s real value in a volatile market
As prices in several Australian cities keep defying slower growth and higher rates, the question isn’t what a property costs—it’s what it’s truly worth. Value today is a stack: cash flows, replacement ...Read more
Earn
Cohorts, credits and competition: decoding Australia’s retirement reform consultation
Can a $3.9 trillion super system finally crack the ‘last mile’ of retirement? Canberra’s consultation on cohort-based retirement solutions aims to move beyond accumulation-era thinking, with ...Read more
Earn
Australian employment data shows mixed signals as full-time jobs rise despite overall decline
Australia's employment landscape presented mixed signals in May, with overall employment declining despite a strong rise in full-time positions, according to analysis of the latest Labour Force dataRead more
Earn
Millennials face 'generational squeeze' as most vulnerable group in retirement
Millennials will be the most vulnerable demographic to face the "generational squeeze" in retirement, caught between supporting elderly parents and adult children while funding their own later years, ...Read more
Earn
Top workplaces for women in 2025 highlight progress in gender equity and inclusive leadership
Australia’s top workplaces for women in 2025 have been announced, recognising companies that are leading the way in gender equity, flexible work arrangements and inclusive leadership development. Read more
Earn
Employee satisfaction dips as Australian workplaces tackle retention challenges
Australian workplace satisfaction has declined to 78 per cent as companies grapple with economic pressures and changing work dynamics, according to a new report. Read more
