Tuesday, 5 November 2013

Sports and Athletic Field Construction Market Research Report | Builders in berwick, Newhomes in south morang


Poor performance: Revenue has declined as government stimulus packages ended

The Sports and Athletic Field Construction market research report provides key industry analysis and industry statistics, measures market size, analyses current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot

Industry Analysis & Industry Trends

Industry participants are grateful recipients of various government stimulus packages. In 2008-09 when the construction sector threatened to crumble, the government announced various capital grants to keep the core part of the Australian economy strong. The two most significant packages granted eligible schools and local government authority’s access to $2.2 billion to fund school and community infrastructure programs. While firms were kept busy with these projects, industry revenue only reflected this initiate in 2010-11 when the bulk of projects were completed. Government assistance was only a temporary fix for this ailing segment of the Construction division. Since that boost, industry revenue has fallen as funds for ground development or refurbishment projects grew scarce... purchase to read more
Industry Report - Industry Investment Chapter

Despite heavy reliance on machinery and equipment to perform work, a significant portion of this equipment required is rented. As such, capital depreciation is relatively low compared to other machine and equipment intensive industries, such as manufacturing. Further, the prevalence of small enterprises in this industry, limits industry participants ability to make large outlays on capital equipment. On average, industry participants spend $18.60 on labour for every dollar spent on machinery and equipment. The wage expense have, in fact, risen over the past five years because of the strong wage attributable to growing demand for construction related services in 2008-09..


Senior Analyst , SJ Builders Australia visit us at  www.sjbuilders.com.au






No comments:

Post a Comment