Industry Analysis & Industry Trends
The Road and Bridge Construction industry's performance has fluctuated widely 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 influenced by capital expenditure policies of the federal and state governments, along with the long-term trend towards greater private sector equity being involved in toll roads.
Industry revenue is expected to grow by an annualised 0.5% over the five years through 2016-17. This subdued growth masks significant fluctuations in industry activity. Construction activity sharply fell during 2013-14 and 2014-15, stemming from the completion of several major projects... purchase to read more
Industry Report - Industry Analysis Chapter
The Road and Bridge Construction industry has been on a roller coaster since the late 2000s, reflecting the start-up and completion of work on major road projects. Both private and public sector investment in road projects surged through the late 2000s and lifted industry revenue to a cyclical peak at $19.6 billion in 2012-13. However, the completion of several major projects and governments moves to rein in public debt, contributed to industry activity sharply declining over the two years through 2014-15... purchase to read more