Infrastructure Partnerships Australia has warned of a major workforce hurdle in the delivery of nation’s infrastructure pipeline, requiring clear action from governments.
After a fortnight-long closure, the Victorian Government has announced how the state's construction industries will reopen on Tuesday, with up to 25 per cent capacity of workers.
Australia is still the destination of choice for infrastructure investors, but a lack of investment opportunities, the cost and complexity of bidding, and policy instability risk Australia losing out on capital.
As the construction industry in the Greater Sydney area enters a short-noticed halt on all activities, the industry is hoping the impacts will be short-lived.
Public transport and infrastructure were big winners in the Victorian state budget for 2021-22, which was delivered by the state Treasurer on Thursday last week.
Industry think tank Infrastructure Partnerships Australia has congratulated the Federal Coalition on its 18 May election victory.