Industry Analysis & Industry Trends
The performance of the Road and Bridge Construction industry has fluctuated 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 supported by increased investment into road and bridge construction 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 over the past five years has adversely affected the industry.
Industry revenue is projected to average flat growth over the five years through 2015-16, contained by the sharp reduction in construction activity during 2013-14 and 2014-15 that stemmed from the completion of several major projects... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry has a low level of concentration. Industry operators include the state and territory road authorities and several large-scale, multi-disciplined engineering construction firms. The four largest players, which include the NSW and Victorian road authorities, account for an estimated 29.9% of industry revenue in 2015-16. The industry's concentration level has remained fairly stable over the past five years despite the recent sale by CIMIC Group of John Holland Group to the leading Chinese engineering firm, China Communications Construction Company.
The majority of the industry's contracting enterprises (estimated at 91.5% in 2015-16) employ fewer than 20 people, including 44.0% with no paid employees (typically sole proprietors and partners)... purchase to read more