Industry Analysis & Industry Trends
The performance of the Road and Bridge Construction industry has fluctuated over the past five years, resulting from the start-up and completion of large-scale motorway, bridge and tunnel developments. The industry has been supported by increased investment by federal and state governments, through to a record peak in industry revenue in 2012-13. However, the decline in private sector investment in public toll roads has adversely affected the industry.
Industry revenue is expected to contract by an annualised 0.3% over the five years through 2015-16, to total $17.7 billion. This decline is partly due to the sharp reduction of investment into new construction projects during 2013-14 and 2014-15... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Road and Bridge Construction industry is currently in the mature phase of its life cycle. This is principally due to the industry's heavy reliance on public sector funding (an estimated 70.5% of work done in 2015-16 was publically funded), and the slow growth in the total number of motor vehicles on Australian roads. The long lifespan of existing road infrastructure has been another key factor constraining the pace of industry expansion. However, given the rapid depreciation of existing roads due to heavy traffic and erratic maintenance schedules, ongoing maintenance requirements should underpin industry expansion... purchase to read more