BUSINESSES
In 2006-07, a higher percentage change in the number of operating businesses between the start and the end of the financial year was observed in the Northern Territory (NT) (3%) than Australia (2%). The NT also had a higher business entry rate (19%) and exit rate (16%) than Australia (17% and 15% respectively).
In the NT, of the 13 650 businesses operating in June 2003, 82% survived to June 2004, 69% survived to June 2005, 60% survived to June 2006, and 54% to June 2007. This compares with the survival of Australian businesses operating in June 2003 to June 2004 of 85%, 73% survival to June 2005, 65% survival to June 2006, and 58% survival to June 2007.
Survival of Businesses Operating in June 2003: Northern Territory
- 2003 to 2007
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