Industry Analysis & Industry Trends
The Construction Machinery and Operator Hire industry generates the bulk of its revenue from the supply of equipment and skilled operators for high-rise commercial building and apartment projects. These projects require cranes, pile-driving and pumping equipment to erect multistorey buildings or install heavy structural components. The industry also rents out specialised construction machinery and personnel for work on mining and infrastructure projects.
Over the past five years, the industry's performance has been subject to divergent trends across key construction markets. Apartment construction surged to a record peak in 2015-16, while demand for work on mining and infrastructure projects climbed to record levels in 2013-14... purchase to read more
Industry Report - Industry Locations Chapter
Industry activity throughout Australia is focused primarily in Queensland, away from the more populous states of New South Wales and Victoria. However, over the five years through 2021-22, industry activity is projected to swing back towards the urban building markets, while the share of enterprises located in the mining states will likely continue to decrease.
Queensland has about 31.2% of industry enterprises, greatly exceeding the state's share of the national population. This reflects the substantial infrastructure developments (mainly mining and road construction projects) spanning the state. These have been largely concentrated near Brisbane, notably large toll-roads, bridges, tunnels and post-flood reconstruction... purchase to read more