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


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