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


forecasting real shopping 1975 visualisation generational trends hornsby Wagga Wagga Northern Territory challenge recap environment work-life Hunter Valley SA rising house prices church generation USA Aussie chairty employment baby year 7 marriages anzac jobs narcissism trends of 2017 Maxim Accounting Population Clock report news conference speaker care support entrepreneurs of today NT giving slideshare brisbane high density apartments household urban taskforce internet staying in greatness results sydney market ACF 2016 volunteering princess charlotte acf15 trends of 2016 population growth high school lifestyle charities Wellington unaffordable tertiary education Valentine’s Day toys ideas sophie renton property screenagers gig economy schools students Real Estate Institute of Victoria Kiwi Christmas research budget networking data visualisation communicate financial fears the hills sydney hills IT Specialists PSI stats Aussies cash hello fresh Foodbank Australia brand experience government aussie culture balance Australians group Christchurch Australian Bureau of Statistics megatrends environmental scanning income residents social commentator focus groups global generaion suburban living thought leadership in the media Elderslie-Harrington park happiness millennials Cobbitty-Leppington professional development education sector WA future affordable new york times Macquarie University population keynote speaker thrive prince george technology Australian Population marrickville presentation local communities typical australian education future global generation Australian Census research debt annual income young people financial future teacher friends 2015 communications organisations future of education national crime rates HR cooking affordability Research Director potts point domestic Northern beaches Event faux-cilise local mccrinlde train deloitte home ownership marriage ageing population list customer sydneysiders Do It Yourself McCridle Gen Z Expert award winner Black Friday poor Assistant Store Manager Crime Rates mccrindle tea investing divorce rate paying to work eliane millenials conference parents surnames NFP event capital city cultural diversity wellbeing capital cities stay home fresh contiki storytelling entertainment australian community trends report mccrindle bondi Australian Home meals survey design Myth happy holidays Christmas data youth unemployment Sydney’s south west workshop financial dreams Bathburst socialites outsourcing investment Queensland: QLD unemployment DIY retirement CBD winter blues poker master FOMO DESTEL global financial crisis moreton bay fears Adelaide insights young australians workplace culture REIV National Conference leader gig teleworking TAS omnibus emerging technologies australian real estate TED talk hopes participants Black Friday in Australia speajer census data "know the times" social researchers long weekend Christmas lunch collaborative cartodb Channel 7 Western Australia baby names economy Sydney Hills Business Chamber dessert geomapping CPI housing growth generation Z 40 million in depth interviews wage do people still change their surname after marriage? wolloomooloo ashley fell education future report selfie relevant weekly earnings cancelling event research on coffee infographics Territory new office Res Vis follow sydneycity school February 16 population milestone office January 26th meetings christmas 2017 going out home graphs litter research visualisation schools New South Wales social issues donate cancel plans australians staying home more focus group World Water Day urban casual global Andrew Duffin story names staff car faith and belief skills Wodonga rental stress leadersip 1968 NSW rent optus Hills Shire Council 10 years demographic christian census average Australian renter of the future the australian dream 2020 groceries HSC Lower Hunter Region clothing royal family ACT community engagement Jura Coffee Generation X millionth publication communication aged care puzzle buildings food bank culturally diverse future proof VET shopping centre wedding teachers NBRS McCrindle Speaker christianity US 2009 winter social impact community crime mentor ipswich the lucky country victoria trends analyst internships resource research pack property price newspaper seasons greetings personal growth Australian Families Gen X ACF religion society trends panel post rationalism research data owning a home Channel Seven mobile media faux-ciliser visual money society public holiday Christmas season commuting insight demography Lower Hunter data workplace social enquiry volunteer gender goals friendship Financial Planning Week sentiments financial non profit social media case study cica rise of local Tuesday Trends Deaths the changing face of McCrindle Speakers wealth inequality social shifts award Willowdale school satisfaction jobs of the future curiosity business index speaker university video surname wages townhouses relational mateship growth divorce royal influence SRE increasing densification Australian Communities Trends ashley mckenzie plans men perth student cars educated the average aussie organisational culture Jura Australia average aussie food insecurity infographic wall analysis sunny days language product Mount Annan-Currant Hill land of the middle class pyrmont grave decision logan menai high density earn Millennial employmee commute digital economy sustainable rule keeper 1980 growth of sydney housing affordability 2017 aged care world youth day child hunger urban living index healthy future hills social life parenting innovation mover and shaker population map ease of travel financial planning social trends sector demographer travel daily commute dreams Work place wealth and income distribution media release educhat sydneysider micro etiquette Retail national private wealth dream shopper's pick learning cancelling plans suburb Australian Trends holiday Business analysis shifts demographics motivate know the times NEETs Real Estate professional services business workforce facts states repayments future proofing norwest VET sector 2016 census Australian demographics house prices training GPO mother's day baby name responsive group session New Zealand optimistic Skilling social research hunger average sydneysider media activity faith rich property development optus my business awards not for profit households public speaker trends employmer home owner global retail online politics purpose high density living New Zeland Charlotte faux-cilising professional housing market mccrindle in the media vegetarian Love communities micro apartments Australia Day travelling 2014 impact The Daily Edition 24 million economic experience not for profit research younger generations life Christmas day program census results teach maiden names intern consumerism living research report hobart Engineering Manager Christmas in Australia professional speaker lalor park sydney metro demographic transformations growing population 23 million mythbusting Black Friday Sales social analyst waverton data analyst world wealth distribution city teaching weather trades tableau Word Up india small business collaboration generation alpha office space housing forum urban development social commentary Kirsten Brewer local community goal university degree TEDx Queensland children monarchy safe couple emerging generations future of work manly Sydney gold coast presentations families generations breakfast event housing trends finance screenage define sun conference presentation criminal the future FPA Northern Beaches Christmas Stats Australian Dream mortgage Australian community trends Caregiver 2016 census results Financial Planning Association darwin showreel sports cloudy days spirituality suburbs Sydney keynote speaker public transport Royals ultimo 1994 Australian schools market research state china 2013 quote online shopping urban living sector wide emerging trends McCrindle Keynote Speakers tv Gen Y investor financial independence australian communities forum pharmacies Christmas day weather cost of living ageing learner tea youth apartment #censusfail shbc bureau indonesia priorities baby names report learning styles TEDx Speaker the hills shire Hornsby Shire Council census 2016 cold conferences baby name trends mining boom google NBRS Architecture JOMO brand volunteers Generation Y national wealth System's Architect father's day easy rider the great screenage property market bus education resilience Australia Day 2017 debate volunteering data low density gen alpha infographic rumbling tummies energy rain entrepreneurial year 12 Australian communities social analysis salary baby boomers Scouts coffee lovers forecast village learn royal baby TED demographic analysis builders ACF2017 Vocational education trend tuesday celebration South Australia nativity scene supply and demand Sydney population baby boom careers live the dream gen z who is generation z EFF snapshot social change moderators guide employers leadership blaxland Understanding and Engaging with Generation Z ABS research services The ABC of XYZ Australia street sector wide study google for education social researcher Melbourne innovative 1995 2016 demographic trends belief personalities digital interactive woolworths brands house price christmas trees alpha keynote earnings dare to dream researcher australia survey equip education research census fail 2012 Financial Planning Association of Australia water women internship English twentyseventeen neutral bay vegemite holidays Duchess of Cambridge Canberra commuters speakers pack crows nest students food area engagement sydney speaker baby name predictions authenticity spend proactive click media commentary statistics socialising sydney property market middle class What is food insecurity? not-for-profit apartments easter SMART work Education Future Forum baby names australia report family global generations overcast social lives wealth and income ferry future of shopping hills shire changing face of sydney tips mythbusters cultural diveristy earning marketing Mark McCrindle study charity events Tuesday Trend coffee daily telegraph wealth professional presenters grandparents Births ethnography qualitative research choice workers 24,000,000 culture future-proof James Ward seasons social office opening house royal summer Performance Sentiment Index entrepreneur work from home Research Executive renting leadership workshop Geoff Brailey medicine ACF17 public speaking REIV Conference Tasmania christmas Mark McCrindle in the media kate middleton work mates australian communities trends report TDE maiden tuesday trend australian social research school students Merry Christmas huffington post consumer futurist tattoos dreaming Netflix mccrindle research data analysis engage SMSF identity speakers eliane miles Social Trend donation transport future generations sunburnt country ACT Report offenders Sydney Lifestyle Study cost VIC community event child care career Christmas presents australian business performance change sydney event pharmacy nfp Northern Beaches Christian School house price rise