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

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

Archive