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

Valentine’s Day schools learner speaker System's Architect rumbling tummies Mark McCrindle 24 million home training census fail socialites shbc mobile woolworths travelling work mates poor census results sydneysider food consumerism career population map Tuesday Trend Population Clock shopping trades builders average Australian Hornsby Shire Council social analyst suburban living church brand experience census data earning easy rider cloudy days publication mccrindle tea tableau happy holidays storytelling world state healthy future GPO DESTEL Australian community trends sophie renton pharmacies demographic Sydney Lifestyle Study VET sector 23 million social life deloitte local communities living financial dreams group session work volunteer #censusfail safe greatness ACF2017 FPA surname geomapping school ease of travel the future Births Gen X the australian dream survey design data analyst eliane huffington post gender public speaker 2013 Northern beaches Event EFF staff aged care neutral bay The Daily Edition celebration 24,000,000 NEETs workplace forecasting video Hunter Valley marketing slideshare supply and demand children marrickville average sydneysider sydneysiders professional World Water Day cost mccrindle research baby names report bondi schools students Millennial Australia Day 2017 baby names report business index Sydney social impact 2016 trends Work place balance parenting baby name trends paying to work winter blues dreaming conference speaker Research Director ageing real media commentary gen z village mover and shaker rule keeper research pack employmer Black Friday Sales marriages statistics culturally diverse Christmas season conference gig economy urban Maxim Accounting employers product finance culture trends analyst china urban development Australian communities Australian Bureau of Statistics criminal students selfie public speaking HR trend travel mother's day rental stress intern TEDx Speaker clothing facts relational public holiday grandparents financial fears marriage not for profit research twentyseventeen researcher case study going out Lower Hunter Region generation alpha rain financial youth high school christian father's day social analysis keynote hobart Australian Trends suburbs teacher Duchess of Cambridge social commentator micro Cobbitty-Leppington January 26th choice workers ipswich emerging trends daily commute analysis future proof fresh baby name optus my business awards lalor park CBD brand new office business performance Willowdale engage housing market research on coffee demographic trends English national private wealth McCrindle Speakers Christmas in Australia in depth interviews fears brands menai entrepreneurs of today millionth nativity scene innovation hills moderators guide Bathburst sustainable ACF growth casual high density living thought leadership moreton bay suburb cancel plans wealth distribution property market 40 million conference presentation internet outsourcing US increasing densification visual rise of local Real Estate breakfast Kiwi global financial crisis toys social population milestone owning a home sentiments demographic transformations Wellington property development growing population Australian Population overcast work from home the lucky country ageing population food insecurity transport Christmas data Hills Shire Council micro apartments Aussie politics HSC future of education USA australian social research victoria chairty teaching pyrmont australian community trends report cancelling plans gig results alpha proactive NT Foodbank Australia belief FOMO commute 2020 world youth day 2012 urban living employment social lives weather Financial Planning Association wealth and income salary leadership life Tuesday Trends food bank Royals cancelling event Research Executive SMSF wage anzac omnibus growth of sydney etiquette faith and belief university ACT cartodb customer sydney event volunteers not-for-profit energy Social Trend wealth McCrindle Speaker hello fresh norwest Northern Beaches Christian School education future report high density participants blaxland young people story house prices school students demographics insight kate middleton emerging generations religion nfp conferences social researcher responsive South Australia poker master learn millenials tips names Skilling charity focus group VET know the times online office space Jura Australia spend Australian demographics social issues faith Geoff Brailey domestic curiosity mccrindle in the media goals NBRS Architecture CPI low density shopping centre wolloomooloo offenders holidays Retail local community princess charlotte cold christmas 2017 digital economy impact investor Australian schools logan social trends workshop motivate seasons greetings New Zeland Black Friday in Australia changing face of sydney google for education organisational culture Australian Communities Trends social shifts James Ward royal baby Sydney population mythbusting not for profit baby name predictions giving housing affordability Love australian real estate Canberra cars group Financial Planning Association of Australia skills faux-ciliser teach tea friends infographics engagement global communities litter Christchurch sydney metro Charlotte cica VIC high density apartments Financial Planning Week WA media release prince george investing sector wide jobs child care stay home workplace culture goal list Mark McCrindle in the media internship Melbourne Lower Hunter showreel NBRS long weekend Australian Census ashley mckenzie SA gold coast office opening research data leader buildings forecast unemployment REIV Conference future generations entertainment dessert census 2016 Queensland Tasmania friendship innovative indonesia population australian communities trends report click IT Specialists social research Christmas research community speakers sydney hills forum research report office shifts the great screenage men home owner wedding household communications 2009 new york times Wodonga Deaths Gen Z Expert NSW collaborative PSI water plans wealth inequality royal influence typical australian budget shopper's pick TAS Northern Beaches rising house prices market research states holiday Netflix potts point panel Education Future Forum national crime rates staying in year 12 global generations australians staying home more charities learning styles research services Australian Dream REIV National Conference commuting ferry family language global retail TEDx 1995 social researchers society networking cultural diversity commuters do people still change their surname after marriage? Understanding and Engaging with Generation Z coffee lovers meals insights Crime Rates ethnography easter Jura Coffee trends of 2016 optimistic Assistant Store Manager financial future faux-cilising divorce rate trends of 2017 ACF 2016 vegemite jobs of the future 2014 data data analysis the hills shire baby boom city social commentary royal family hopes future parents speajer wages baby brisbane Adelaide infographic wall sunny days media grave decision volunteering data small business social enquiry population growth Australian Home professional presenters Word Up digital sydney market university degree maiden earn presentations surnames post rationalism socialising research learning home ownership screenagers housing growth weekly earnings Scouts interactive study ultimo narcissism meetings society trends The ABC of XYZ housing focus groups mccrinlde media activity census house child hunger mentor Macquarie University education research survey trend tuesday capital cities identity define christmas trees baby boomers house price 1980 who is generation z 1968 tertiary education area national wealth demography eliane miles mythbusters affordable divorce cash Sydney Hills Business Chamber Res Vis "know the times" australian urban taskforce communication future proofing retirement year 7 communicate residents TED talk perth experience sector wide study apartments townhouses professional services the hills demographic analysis global generation ABS Christmas day weather property Engineering Manager events manly Christmas lunch ACF17 tuesday monarchy generational trends dare to dream royal cost of living seasons environmental scanning contiki Channel 7 maiden names internships crows nest urban living index affordability sydney property market Aussies volunteering rent economic aged care puzzle organisations car community event futurist christmas daily telegraph 2017 resilience darwin care support Performance Sentiment Index Sydney’s south west Wagga Wagga priorities Channel Seven cultural diveristy employmee quote lifestyle stats qualitative research public transport medicine sector Northern Territory future of shopping local educated Business analysis education sector newspaper renter of the future bus summer TDE hunger sydney speaker groceries follow ACT Report housing trends resource leadersip australia online shopping SMART What is food insecurity? education future purpose equip Elderslie-Harrington park TED social media dream hornsby young australians 2016 census results crime tv Territory Kirsten Brewer education rich Vocational education mateship Andrew Duffin australian communities forum dreams tattoos Generation Y millennials the average aussie collaboration sydneycity coffee mccrindle optus McCridle infographic ideas gen alpha women winter JOMO cooking waverton visualisation generation event school satisfaction debate train award donate 1975 entrepreneur Australian Families business average aussie community engagement sun February 16 spirituality future of work Black Friday Gen Y annual income 2016 census social change NFP event emerging technologies environment snapshot younger generations Australia street graphs New South Wales apartment recap income screenage pharmacy sunburnt country 2015 relevant donation investment McCrindle Keynote Speakers happiness careers Christmas presents award winner government google work-life technology christianity faux-cilise Sydney keynote speaker mortgage ashley fell live the dream baby names australia report Do It Yourself acf15 house price rise earnings entrepreneurial megatrends personal growth 1994 the changing face of youth unemployment Myth Western Australia capital city DIY data visualisation hills shire consumer educhat non profit leadership workshop households Mount Annan-Currant Hill aussie culture presentation SRE generations Caregiver financial planning teleworking change vegetarian research visualisation program Christmas day Australians land of the middle class Generation X financial independence news unaffordable professional development sports middle class Real Estate Institute of Victoria thrive demographer challenge repayments Queensland: QLD money personalities global generaion keynote speaker teachers mining boom wellbeing bureau couple authenticity debt renting in the media New Zealand future-proof 10 years professional speaker india speakers pack economy workforce Merry Christmas student property price generation Z Australia Day wealth and income distribution families Christmas Stats

Archive