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

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

Archive