Industry Analysis & Industry Trends
The Road and Bridge Construction industry has performed strongly since the mid-2000s, driven principally by federal and state road funding 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 2.2% over the five years through 2013-14 to total $14.6 billion. This includes an upswing by 6.6% in 2013-14 driven by construction activity on new housing subdivisions and ongoing major roadworks... purchase to read more
Industry Report - Industry Analysis Chapter
Australia's road and bridge construction market has soared to record heights. Governments have ramped up investment into the public road network and new funding models have encouraged private sector investment into large-scale freeways, toll roads and tunnel projects. Since the late 2000s, state and local public sector developments have attracted funding from the Federal Government's fiscal stimulus package. The accelerated growth in public investment has helped offset the volatility that is associated with the start-up and completion of large-scale, privately funded toll road projects. Public sector road and bridge funding has doubled since 2004-05. Private sector investment is projected to jump by 7.8% in 2013-14 and remains at twice the level of the early 2000s... purchase to read more