Australia’s transport infrastructure construction sector is in the early stages of a boom, which will last through the next three years. Activity trended down over the two years to 2019/20, reaching a low of $31 billion (in constant 2020/21 prices). But in 2020/21 construction activity returned to growth, rising to $32 billion, and marking the beginning of the next upswing cycle, which is set to be one of the most extraordinary growth phases on record.
This report provides a concise explanation of the nature and magnitude of the impacts in the various transport construction segments – road, rail, bridges and harbours. It also provides a fully revised set of forecasts, and corresponding project list, for all segments of transport infrastructure construction looking ahead ten years.