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 SWOT Analysis Chapter
The industry is currently in a growth phase of its life cycle with new opportunities emerging through the increased private sector involvement in funding transport infrastructure and increased international contracting.
The industry is currently in a solid growth phase coinciding with strong demand conditions in the other infrastructure markets and greater private equity involvement in public construction projects. This has helped the industry improve profit margins and is projected to support growth in industry value added (which measures an industry's contribution to the economy) at an annualised 5.2% over the 10 years through 2019-20. Exceeding the projected pace of Australia's GDP growth over the same period (2.7% annualised)... purchase to read more