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HILLS ECONOMY DOUBLES

Manufacturing the standout performer

THE Sydney Hills economy has more than doubled in just eight years, according to new research.

Hills Council accesses reports from Compelling Economics that detail the contributions of industry sectors across measures of economic activity in the Hills.

These include: output, employment, local sales, expenditure, regional imports and Gross Regional Product for more than 100 different industry sectors.

Statistics from these reports show that in 2007, total output (sales) in the area was estimated at close to $9.8 billion. Just eight years later, in 2015, total output had grown to $18.2 billion.

“Anyone looking to establish their business here will be rewarded with an economy enjoying enormous growth, with this pattern expected to continue strongly in the future with the arrival of the rail line,” Mayor Michelle Byrne said.

Manufacturing remains the region’s top performing industry, growing from $2.3 billion in 2007 to $4.4 billion at the end of last year.

Manufacturing includes industries like technical equipment and appliances, chemical production, rubber and plastic products and more. Property and business services remained the second largest sector in both years.

Council can provide a detailed understanding about the local economy for planning purposes.

Contact the Economic Development Unit on 9843 0555, or request a one-to-one business visit by searching for business at

www.thehills.nsw.gov.au

 

 



editor

Publisher
Michael Walls
michael@accessnews.com.au
0407 783 413

Access News is a print and digital media publisher established over 15 years and based in Western Sydney, Australia. Our newspaper titles include the flagship publication, Western Sydney Express, which is a trusted source of information and for hundreds of thousands of decision makers, businesspeople and residents looking for insights into the people, projects, opportunities and networks that shape Australia's fastest growing region - Greater Western Sydney.