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


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