The third boom in under ten years is well underway in the utilities sector. This growth cycle is expected to last for three to four more years before another downturn.

Key drivers of this growth are as follows:

  • The next wave of renewable energy related investment,
  • Additional spending on the NBN,
  • An increase in water security investment,
  • A number of new wastewater treatment plants, upgrades and new water recycling projects, and
  • A new phase of gas pipeline construction, mainly on the east coast.