Figure 2: Geographic spread of the top 500 corporations, 2015–16
As shown in figure 2, the Northern Territory had the most corporations in the top 500 in 2015–16 (170 corporations, making up 34.0 per cent of the total 500).
The other three geographic jurisdictions with a large number of corporations in the top 500 were Western Australia (128), Queensland (89) and New South Wales (66). This order has remained unchanged since 2012–13.
Compared to the previous financial year, the number of registered corporations in the top 500 changed in only three states/territories (figure 3). Queensland continued its downward trend with the biggest decline in corporations in the top 500, with six fewer (last year’s drop was eight). The Northern Territory had the biggest increase in corporation numbers, with five more moving into the top 500 rankings.