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

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

Archive