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


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