City of Wollongong Economic Insight Report - December 2019
Gross Regional Product (market prices plus indirect taxes) in the December 2019 quarter was estimated at $3,124M, up $17.9M (0.6%) from the September quarter.
The quarter total was 1.5% higher than that experienced in the same quarter the year before.
There were an estimated 372 new GST registered businesses in the City of Wollongong in the December 2019 quarter and 268 cancellations.
The net growth of 104 businesses was down from the same quarter in the previous year (+224).