Trends & Research

Lawpath New Business Index • February 2026

115,949 New Businesses in February. The data driving Australia's latest boom

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

January 2024 - February 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
103,187
105,980
107,601
129,353
109,394
110,705
118,457
111,744
95,078
110,958
115,949
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

115,949

ABN registrations this month

+9.32%

Growth Rate (YoY)

93,699

Monthly Average

January 2024 - February 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
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

31,325

ACN registrations this month

+16.14%

Growth Rate (YoY)

28,415

Monthly Average

January 2024 - February 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
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

25,689

GST registrations this month

-0.19%

Growth Rate (YoY)

29,238

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 February 2026

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

+9.32% YoY

NEW BUSINESS REGISTERED

115,949

Total ABN registrations this month

(vs 106,061 in February 2025)

Source: Australian Business Register – ABN Bulk Extract (data.gov.au), accessed 16 March 2026

+16.14% YoY

NEW COMPANIES REGISTERED

31,325

Total ACN registrations this month

(vs 26,971 in February 2025)

Source: ASIC – Company registration statistics (monthly new company registrations), accessed 16 March 2026

-0.19% YoY

GST Status

25,689

Business Registered for GST

(vs 25,738 in February 2025)

Source: Australian Business Register – ABN Bulk Extract (data.gov.au), accessed 16 March 2026

Summary

February suggests Australia’s startup momentum is turning into something more sustained. 115,949 new businesses were registered, a 9.32% increase year-on-year, signalling that the early-year wave of entrepreneurship has continued well beyond the typical January reset.

What’s notable is how founders are choosing to structure those businesses. 31,325 new companies were registered, up 16.14 % YoY, pointing to a growing preference for formal company structures rather than purely experimental side projects.

Yet the data also shows a cautious streak. GST registrations fell slightly to 25,689, down 0.19% YoY, suggesting many new founders are still testing ideas and delaying additional compliance until revenue becomes clearer.

The geographic spread tells a similar story. While the largest states continue to dominate overall registrations, Tasmania recorded the fastest growth nationally, reinforcing a broader shift: new businesses are increasingly emerging from places and founders that historically sat outside Australia’s traditional startup centres.

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
85,901
Sole Traders
Category Value YoY Growth
States & Territories
36,664
NSW
State Value YoY Growth
Suburbs
1,190
3029
Postcode Value YoY Growth

Source: Australian Business Register – ABN Bulk Extract (monthly new company registrations), accessed 7 March 2026

Most Popular Structure

Sole Trader

+11% YoY, leading driver of growth
Growth Leader

Tasmania

+18% YoY, fastest growth
Metro Dominance

67.95%

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 9,026,938
New Businesses (YTD) 226,311
Growth Rate (YTD) +7.62%
New Businesses (YTD)
1,000+
500 – 999
300 – 499
200 – 299
0 – 199

Source: Australian Business Register – ABN Bulk Extract, accessed 16 March 2026

Lawpath Platform Insights

Key metrics and trends from companies registered through our platform

Age Distribution of Founders
21%
45–54 years
Age Group YoY Growth
Countries of Birth
41%
Australia
Country YoY Growth
Industry Distribution
21%
Personal Services
Industry YoY Growth
Sharpest Age Rise

45-54 yrs

+21% YoY Growth
International Diversity

59%

born outside Australia
Personal Services

21%

+67% 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.

February’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

February 2026

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