Hills Business Performance Sentiment Index

Wednesday, May 03, 2017

On Friday in conjunction with The Hills Shire Council and the Sydney Hills Business Chamber, we released the Hills Business Performance Sentiment Index which gives an ongoing measure of the local economic conditions and business confidence. 

This study, now in its third year is very important in an entrepreneurial hotspot like the Hills, which is home to more than 20,000 businesses and almost 100,000 employees. 

The area is also strong with start-ups, which are expanding the local economy. Every week in the Hills, 15 new businesses commence operations and with the new transport infrastructure, commercial constructions and emerging urban centres, the number of new business start-ups locally will likely accelerate.

This year’s results highlight the challenging conditions local businesses are currently experiencing. The overall rating this year is lower than last year although the forward forecast remains strong. The current economic conditions are subdued and business expenses are up, yet such is the way of Australian entrepreneurs, their sentiment and outlook is decidedly positive.

Of the 21 measures, the two that scored the lowest, highlighting the biggest challenges, were the increasing business costs and the local infrastructure challenges. The highest two scores indicated that revenue forecasts for the six months ahead will rise and that local businesses forecast they will take on more staff this year. Therefore, the flat domestic economy, issues from under-construction local infrastructure and higher costs to revenue metrics are all viewed as temporary, though challenging circumstances.

Our thanks go to The Hills Shire Council and the Sydney Hills Business Chamber who recognise the importance of this Business Performance Sentiment Index in a growing local economy, amidst volatile times and facing massive change. Their foresight to commission such a project, commitment to its ongoing deployment and generosity in making it freely available to the business community is to be heartily commended.

Download the full report here.

Click below to view the previous Hills PSI Reports

Welcome to our blog...

We have a passion for research that tells a story, that can be presented visually, that brings about change and improves organisations. And we hope these resources help you know the times.

Our Social Media Sites

Facebook | McCrindle Research Social Media YouTube | McCrindle Research Social Media Twitter | McCrindle Research Social Media Flickr | McCrindle Research Social Media Pinterest | McCrindle Research Social Media Google Plus | McCrindle Research Social Media LinkedIn | McCrindle Research Social Media Mark McCrindle Slideshare

Last 150 Articles


internships narcissism sector wide snapshot wage Western Australia social researcher recap seasons greetings children 1980 unaffordable cooking states Australian communities future proof high school youth census 2016 work Australian Communities Trends politics education sector rental stress life energy dreams pharmacies work-life 2016 census results Christmas in Australia employers 2020 mother's day NEETs census fail families TAS global not for profit australian social research home owner poor marrickville cultural diversity social life food bank sentiments 2013 mateship mortgage millennials monarchy sydney event trends analyst hills shire mythbusters Charlotte research visualisation work from home Christmas presents entrepreneurs of today thrive breakfast renter of the future dessert ACT Report gig economy optus my business awards relevant future of education internship housing networking year 7 HSC google for education bureau consumerism demographics professional development safe McCrindle Speakers dream EFF media release faux-cilise public transport low density eliane house price rise January 26th cold huffington post gig home 2015 Social Trend New Zealand presentations population easy rider perth vegemite family Black Friday Merry Christmas happy holidays apartments visual university degree omnibus commuters gender local future of work sydneycity capital city domestic Australian Trends water Kiwi tuesday collaborative What is food insecurity? mccrindle tea global financial crisis shopper's pick events australian community trends report parents public holiday cash focus groups weekly earnings New South Wales marriage salary Christmas season affordability christmas graphs baby name REIV National Conference world youth day speajer infographics alpha gen z financial future socialites Australian Families education research student goal public speaking hunger Cobbitty-Leppington business performance data NBRS grave decision McCrindle Speaker learn retirement megatrends supply and demand aged care live the dream commute earnings change 1968 case study generational trends New Zeland demographer Willowdale tertiary education educated resource social commentary nfp public speaker technology interactive wolloomooloo food insecurity speakers pack rise of local micro Gen X earning wellbeing professional speaker young people baby names australia report news Gen Y Northern Beaches SMART Valentine’s Day communication skills South Australia royal influence Population Clock australians staying home more Mark McCrindle sydney metro Maxim Accounting Geoff Brailey newspaper study teleworking Christmas day 2016 census going out ACF younger generations sunburnt country faux-ciliser future-proof Performance Sentiment Index google poker master social enquiry Do It Yourself schools group session choice workers employmer list daily commute Myth wealth distribution ACF2017 media Australian Census social media Crime Rates program australian communities trends report sydney speaker baby boomers rich cica consumer Duchess of Cambridge slideshare easter millionth report pharmacy generations professional faux-cilising Skilling personalities year 12 manly outsourcing australian real estate state Financial Planning Association optimistic stats Hills Shire Council Hunter Valley Australia Day 2017 high density living financial dreams litter Australia street cancel plans proactive Financial Planning Week increasing densification 1975 urban development investment men in the media care support Northern beaches Event bus Australian Home etiquette VET church follow anzac royal family JOMO gold coast winter kate middleton trend tuesday social impact Australian schools innovation visualisation future charity environmental scanning christianity chairty work mates friends Sydney population divorce Research Director TDE typical australian Melbourne buildings village James Ward intern local community Real Estate Institute of Victoria Christmas day weather SMSF employmee Channel Seven toys jobs of the future area not-for-profit donation housing market property challenge keynote contiki annual income christian communities holiday suburb PSI teacher February 16 2014 urban living organisations shbc statistics Australian community trends Jura Australia forecasting middle class research report presentation census results CBD tips cancelling plans wealth inequality government resilience Christmas lunch The ABC of XYZ donate giving research services dare to dream blaxland spirituality parenting twentyseventeen australia screenage capital cities Christmas Stats Real Estate 2017 research on coffee event celebration panel lalor park apartment community event hornsby wealth and income distribution religion ageing debate the lucky country Wodonga brisbane household acf15 house price sydney hills commuting Queensland small business travelling online financial independence weather waverton the australian dream Word Up engage child care offenders language NT tv mining boom ultimo ferry 2012 rule keeper meals Channel 7 "know the times" baby name trends social change property market communications friendship society trends cancelling event online shopping volunteering average sydneysider coffee lovers students Netflix ashley mckenzie money university Generation X growth of sydney Vocational education entrepreneur cartodb house holidays Sydney Hills Business Chamber women marriages Aussies infographic school internet conference presentation generation Z research pack trends of 2016 car 10 years Caregiver qualitative research urban living index Business analysis baby customer ease of travel wealth ageing population global generations keynote speaker researcher office opening mythbusting hills school students Black Friday in Australia conference speaker impact population growth transport marketing future proofing Tasmania Christmas research bondi social analysis healthy future DESTEL census Australian Dream Education Future Forum Lower Hunter Region facts seasons father's day crime travel home ownership sydneysiders DIY conferences high density apartments moderators guide #censusfail screenagers Wellington trend housing trends Northern Territory equip woolworths The Daily Edition video conference TED NSW balance property price demographic baby names social analyst IT Specialists research data showreel income Australia Day focus group changing face of sydney ethnography leadership workshop responsive not for profit research tattoos curiosity know the times Generation Y Research Executive education Gen Z Expert gen alpha baby names report Royals owning a home insight demographic trends 23 million financial high density Elderslie-Harrington park rent townhouses builders Andrew Duffin data analyst FPA workshop dreaming jobs professional services NFP event demographic transformations mobile financial fears Retail australian micro apartments potts point Sydney Lifestyle Study SA culture royal youth unemployment workforce social researchers trends of 2017 cultural diveristy baby boom the hills shifts Love menai princess charlotte storytelling earn ACF 2016 thought leadership results emerging generations communicate cost of living mccrinlde victoria society long weekend Queensland: QLD Tuesday Trends staff employment geomapping volunteers WA GPO overcast tableau environment forum financial planning REIV Conference culturally diverse grandparents leadership priorities speaker national crime rates community engagement affordable identity futurist clothing paying to work innovative new york times eliane miles shopping centre Births economic emerging trends workplace Sydney’s south west NBRS Architecture office 24 million summer mccrindle in depth interviews ACF17 social research urban taskforce Aussie 1994 survey social issues Jura Coffee hopes happiness new office market research suburbs the hills shire award winner emerging technologies the average aussie sydney market living US brand Macquarie University Mark McCrindle in the media train names CPI shopping optus darwin nativity scene generation VIC who is generation z data visualisation young australians school satisfaction local communities norwest hobart food neutral bay sun criminal vegetarian real Kirsten Brewer wealth and income brand experience social Australian Bureau of Statistics entrepreneurial 40 million prince george teachers Financial Planning Association of Australia unemployment greatness collaboration learner 24,000,000 fresh medicine charities aussie culture aged care puzzle business index professional presenters Adelaide non profit budget media activity System's Architect digital engagement daily telegraph sector city media commentary Hornsby Shire Council world learning styles stay home social trends education future report growing population teach Territory national wealth Northern Beaches Christian School households sydneysider teaching housing growth Australians Sydney keynote speaker tea speakers sydney property market define research belief personal growth coffee lifestyle survey design TEDx Speaker trends christmas 2017 sunny days suburban living analysis product business Scouts residents Assistant Store Manager volunteer couple goals hello fresh australian communities forum average aussie urban entertainment millenials debt TED talk sector wide study Tuesday Trend ipswich royal baby growth selfie mentor economy training spend winter blues SRE schools students social lives workplace culture moreton bay investor sustainable house prices click land of the middle class renting Australian Population global retail ABS generation alpha cost TEDx divorce rate group volunteering data fears experience deloitte the great screenage Wagga Wagga Christchurch crows nest mccrindle in the media motivate education future mccrindle research Black Friday Sales christmas trees social commentator wedding census data Deaths pyrmont digital economy rain insights McCridle rising house prices award investing Lower Hunter housing affordability Canberra McCrindle Keynote Speakers mover and shaker population map Bathburst Sydney population milestone casual average Australian Christmas data property development sports future of shopping leader publication careers repayments brands office space quote socialising learning Res Vis relational 2016 logan the changing face of ideas cloudy days VET sector social shifts Mount Annan-Currant Hill organisational culture wages cars story participants English meetings trades ashley fell career baby name predictions staying in Engineering Manager World Water Day national private wealth community forecast faith demography FOMO Work place educhat purpose authenticity plans Australian demographics infographic wall finance ACT post rationalism