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

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

Archive