Industry Analysis & Industry Trends
The performance of the Road and Bridge Construction industry has fluctuated since the mid-2000s, reflecting the impact of the start-up and completion of large-scale motorway, bridge and tunnel developments. The industry has been supported by solid growth in investment by the federal and state governments. However, it has been adversely influenced by the decline in private sector investment into public toll roads. Despite slowing over the past five years, the industry is operating at near record levels of activity.
Industry revenue is projected to grow by an annualised 1.5% over the five years through 2015-16 to total $19.3 billion. This includes an estimated increase of 6.2%... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is currently in the mature phase of its life cycle principally due to its heavy reliance on public sector funding (74.0% of work done in 2015-16), and the slow growth in the total number of motor vehicles. 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 the heavy traffic and erratic maintenance schedules, ongoing maintenance requirements should underpin industry expansion. The industry's growth prospects have been supported by new opportunities emerging from increased private sector investment in transport infrastructure and increased international contracting... purchase to read more