Commonwealth road funding and private investment into toll roads has underpinned strong industry growth through the 2000s and far-reaching multiplier effects on the local and general economies. Road and bridge construction also delivers improved efficiency and safety for commuters and the road freight operators.
Industry revenue is expected to total $16.5 billion in 2012-13, with value added of $4.5 billion or 0.5% of Australia's GDP. Despite contracting by 2.4% during the current year with the completion of several large projects, the industry is projected to display solid revenue growth by an annualised 4.0% over the five years through 2012-13, exceeding GDP growth (2.4%).
Companies in this industry construct roads, bridges, aerodrome runways and parking lots, and carry out repairs and maintenance. The quarrying of earth, soil or filling and other construction materials is also carried out in conjunction with road or bridge construction.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.