Industry Analysis & Industry Trends
The Road and Bridge Construction industry has performed strongly since the mid-2000s, driven principally by federal and state government funding into roads and private sector investment into public toll roads. Despite slowing over the past five years, the industry is operating at near record levels of activity. This has paved the way for extensive multiplier effects throughout the local and general economies and improved efficiency and safety for road users.
Industry revenue is projected to grow by an annualised 5.5% over the five years through 2014-15 to total $15.9 billion. This includes an upswing by 7.4% on the previous year driven by construction activity on new housing subdivisions and ongoing major roadworks... purchase to read more
Industry Report - Industry Locations Chapter
The geographic distribution of industry activity is partly determined by the distribution of population settlement as this reflects the demand for road networks and correlates with taxation revenue, but industry activity also bears some relevance to the land surface areas of each state and territory, and the various stages in each state's construction cycle. A substantial amount of new roadwork operations are carried out in regional areas where roads and bridges are constructed linking major urban or economic areas (e.g. mining sites, power-generating facilities). Most of the large private firms have offices in each of the major capital cities in order to take advantage of the broad spread of work within each state... purchase to read more