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 Locations Chapter
The geographic distribution of industry activity is partly determined by population distribution, as this reflects the demand for road networks and correlates with taxation revenue. However, industry activity is also related to the size of each state and territory and the various stages in each state's construction cycle. A substantial amount of new roadworks are being carried out in regional areas, where roads and bridges are constructed to link major urban or economic locations (e.g. mining sites and power-generation facilities). Most large private firms have offices in all the major capital cities, to best take advantage of the broad spectrum of work in each state... purchase to read more