Understanding and supporting business in the Hills Shire: The second Hills Shire Business PSI

Thursday, May 12, 2016

2016 marks the second Hills Shire edition of the Business PSI, a tracking index created by McCrindle to measure business conditions, performance, and sentiment through a survey of businesses residing in the Hills Shire area. The Business PSI can be used across local governments and regions to better understand and support local business.

The Sydney Hills population is growing 20% faster than the national average (1.9% p.a. compared to 1.6% p.a.) at 169,872 people each year, with average households being significantly larger than the national average (3.1 compared to 2.6 people per household) and home to a higher proportion of students, university educated adults and full time workers than the national and state averages.

The Hills Shire Business PSI is an important measure for an area that relies so heavily on small business as a driver of the local economy. The 2016 survey was conducted 6 months on from the initial survey and captures the constant change in the Hills Shire region.

Download the full report here.


Businesses expanding and growing in the Hills Shire

The results from 2016 show that the business environment is more positive 6 months on from the last survey with sentiment being significantly improved from last year. Businesses are expanding and projected to expand even more in the next 6 months, with business owners seeing this not only as a physical expansion but also due to increases in staffing levels, as the region continues to grow.


Business owners more positive about national economic conditions

Business owners perceive the economic conditions of our nation to be considerably better than 6 months ago with conditions expected to improve even more over the next 6 months. This increase was also reflected in perceptions of the local economic conditions.


New Additions to the PSI survey

The Net Promoter Score was introduced in 2016 as a measure of how likely business owners and managers are to recommend doing business in The Hills Shire to a friend or colleague. 78% indicated that they would probably or definitely recommend The Hills Shire as a place to do business to a friend or colleague, showing high levels of engagement.

Chairman of the Sydney Hills Business Chamber, Anthony Moss, in partnership with the Hills Shire Council, commissioned the Business PSI to measure the pulse of the Hills Shire. “The Business PSI survey results reflect a true snapshot of business in the region. We are thankful for those who completed the survey, including individuals representing businesses of all sizes including, medium to large (20+ staff), small (5-19 staff), micro (1-5 staff) and non-employing businesses.”

Hills Shire Council Mayor Dr Michelle Burns endorses the PSI tool. “The Sydney Hills Business Chamber and the team at McCrindle Research have done another fantastic job at measuring the sentiment of businesses in The Hills. It’s great to hear that the sentiment is generally improving – however it’s unsurprising that the main frustration of businesses is infrastructure.”

The results of the 2nd Hills Shire Business PSI were presented on 11 May 2016 at the Castle Hill RSL and are available for download via the Sydney Hills Business Chamber website.


 

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


Tags

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

Archive