With infrastructure widely anticipated to lead the
global post-pandemic recovery, the sector can expect serious
competition on access to skills, assets and the supply
chain.
The New South Wales government plans to invest A$107.1 billion
(US$84bn) over the next four years in transport infrastructure
alone as part of its rolling infrastructure plan, while recent
state and federal governments are expected to spend a combined
A$225bn (US$175bn) over the same period. While the scale of this
investment is not new, it is evident that the next four years will
be frantic for procurers and the service industry and that
competition for a reliable supply chain will be intense.
Australia, like many countries, is currently experiencing a
shortage of skills across the supply chain while the trades and
tradespeople required for infrastructure projects are also in high
demand, in competition with the renewable energy and mining
sectors. These factors have led to escalating costs
