The global coronavirus pandemic has dramatically affected the civil construction services, but it has proved to be as resilient as the structures it maintains and constructs. With over $360 billion in annual revenues, the construction industry contributes at least 9% of Australia’s Gross Domestic Product (GDP). The industry of civil construction services is a very lucrative and vast industry that includes construction, demolition, renovation, maintenance, or repair of buildings and infrastructure. Before the pandemic, the Australian Industry and Skills Committee estimated annual growth for the industry of 2.4% in the next five years.
For smaller construction companies, some might have entirely closed because of the effects of the pandemic. Experts suggest that most of those severely hit are those companies employing less than 20 workers. However, most of the more prominent companies have virtually survived the pandemic, with some of their major projects held at bay during the health crisis’s height locally and abroad.
Rebounding from the effects of the pandemic depends on the regulations set by states. With most already relaxing quarantine measures, major states and cities have slowly migrated to the new normal, with strict adherence to minimum health security protocols.
However, some state governments are worried about the civil construction services sector outlook, while thousands of workers seek financial aid after months of no work. In New South Wales, for instance, the state treasurer described that giving financial assistance to affected workers in the construction sector is “crucial” to bring the industry out of the crisis.
The NSW Government believes that with 48,000 construction workers, resumption of construction work across the state would alleviate thousands of family’s pandemic woes, especially financially.
But here is the real problem. There is just too little work in the industry as the pandemic continues to spread fear to investors and the public. As ABC News reports, there’s “a shortage or work” for the industry throughout the continent. Then again, construction companies, big or small, remain optimistic that in the next months, hopefully by next year, there would already be a sign of normalcy to an industry that employs thousands of Australians.
As a huge contributor to the country’s GDP, those in the civil construction services are still confident that they would recover from the pandemic with the “large-scale investments” poured by the government and the private sector, long before COVID-19 halted everything.
Taking on this cue, Work Safe Australia has stood firm against the challenges brought by the pandemic. Instead of halting operations, they have continued and adapted to the civil construction services industry’s challenges.