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

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

Archive