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

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

Archive