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

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

Archive