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


Tags

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

Archive