Industry Analysis & Industry Trends
The performance of the Road and Bridge Construction industry has fluctuated widely since the mid-2000s reflecting the impact of the start-up and completion of large-scale motorway, bridge and tunnel developments. The industry has been supported by solid growth in investment by the federal and state governments but adversely influenced by the decline in private sector investment into public toll roads. Despite slowing over the past five years, the industry is operating at near record levels of activity.
Industry revenue is projected to grow by an annualised 2.0% over the five years through 2014-15 to total $13.4 billion. This includes a forecast upswing of 6.8% in 2014-15, driven by construction activity on new housing subdivisions and ongoing work on major road developments... purchase to read more
Industry Report - Industry Analysis Chapter
Activity soared to a record high in the Road and Bridge Construction industry during 2011-12 as governments ramped up investment into the public road network. New funding models also encouraged stronger private sector investment into large-scale freeways, toll roads and tunnel projects. However, volatile conditions associated with the start-up and completion of large-scale projects – particularly privately funded toll roads – have beset the industry over the past five years... purchase to read more