Construction is the fifth largest industry in the Australian economy, contributing around 7% to GDP in 2005-06. Construction industry value added in volume terms grew on average by 3.9% per year between 1985-86 and 2005-06. The industry consists of two sub-divisions, General construction and Construction trade services. Within General construction are two groups - building, and non-building construction. Construction trade services consist of five groups, site preparation services, building structure services, installation trade services, building completion services and other construction services. The building construction group is dominated by the private sector. Non-building construction is undertaken by both the private and public sectors, with some major public infrastructure projects increasingly delivered through a process of private-public partnerships (PPP) arrangements. PPPs are generally a partnership-type contractual arrangement between the Government and private sector for the delivery of public infrastructure.
This page last updated 6 September 2007
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