REBUILDING AUSTRALIA: A Plan for a Civil Infrastructure Led Recovery
BIS Oxford Economics was commissioned by Civil Contractors Federation National to provide a study detailing how civil construction investment can be a tool for broader economic recovery in the face of the COVID-19 downturn.
The report is an independent assessment of the economic impact of civil construction activity to the financial year FY23, the impact on employment and activity under different scenarios, challenges and risks to an ‘infrastructure-led’ recovery and potential solutions.
The Australian heavy and civil engineering industry is a significant contributor to the Australian economy and has significant multipliers on investment. For every $1 million invested in the Australian heavy and civil engineering industry:
- 7.2 workers are employed in the construction and related industries
- $1.3m is contributed to Australian GDP
- $2.95m of output is contributed to the economy
Tags:
Related Services
Post
UK: Key themes 2026 – Sluggish growth and fiscal worries
We think 2026 will be another challenging year for the UK economy – our GDP growth forecast of 1% is at the bottom of the consensus. Four themes will be key to the outlook, in our view.
Find Out More
Post
Nordics: Key themes 2026 – Bright spots emerging
We forecast growth across the Nordic economies to diverge somewhat next year but share the same underlying drivers.
Find Out More
