The latest report on business sentiment in the Hills shows that the new Sydney Metro is creating positive energy in local businesses.
The fifth annual Hills Shire Business Performance Sentiment survey was completed by 274 business owners and managers in the Hills Shire.
The great improvement is in infrastructure which scored 67 this year compared to minus 33 in 2018. There are also strong figures for economic outlook (31) and growth forecast (25). The overall negative score of minus two is attributed national economic factors but overall businesses are optimistic.
The report, by McCrindle was done in partnership with the Hills Business Chamber and The Hills Shire Council.
Mark McCrindle said optimism is high with many businesses in the Hills preparing to expand their operations, take on more staff and invest in capital.
“With 3,379 new businesses opening their doors each year, the number of employed people in the Hills is set to grow from 97,000 today to more than 160,000 by 20136,” he said.
Hills Shire Mayor Dr Michelle Byrne said understanding the challenges businesses face enabled council to understand where help is needed. The Hills has 21,270 businesses with The Hills Shire gross regional product reaching $10.94B.
The PSI asked businesses 21 targeted questions with a sliding scale for responses.
To find out the results visit the Sydney Hills Business Chamber’s website at https