Industry Analysis & Industry Trends
The performance of the Road and Bridge Construction industry has fluctuated over the past five years, moving in line with the start-up and completion of large-scale motorway, bridge and tunnel developments. The industry has been supported by increased investment into road and bridge construction by federal and state governments, through to a record peak in industry revenue in 2012-13. However, the decline in private sector investment in public toll roads over the past five years has adversely affected the industry.
Industry revenue is projected to average flat growth over the five years through 2015-16, contained by the sharp reduction in construction activity during 2013-14 and 2014-15 that stemmed from the completion of several major projects... purchase to read more
Industry Report - Industry Products Chapter
The industry constructs roads, bridges and tunnels along with other paved structures, such as airport runways and commercial car parks. Road construction involves up to eight stages of development: planning; design and project administration (including environmental consultation); clearing and earthworks; drainage; structures (e.g. bridges and culverts); alterations to public utilities (e.g. gas mains, sewerage and electricity cables); paving and surfacing (which can include quarrying of raw materials); and project finishing (including line marking, guardrails and landscaping).
Industry costs vary considerably at each stage of development. Costs can change depending on the type of project (e.g... purchase to read more