- Victorian Government's 2026-27 Budget outlines a $181 billion capital works program
- The cement, concrete and aggregates industry contributes $3.17 billion to Victoria's Gross State Product and supports over 15,600 jobs.
- CCAA emphasises the need for a coordinated Heavy Construction Materials Plan to ensure sustainable resource access and streamlined approvals.
- The construction materials industry is crucial for delivering Victoria's transport, housing, renewable energy and social infrastructure projects.
- Maintaining timely and affordable access to construction materials is vital for controlling project costs and meeting infrastructure delivery timelines.
Cement Concrete & Aggregates Australia (CCAA) has acknowledged the Victorian Government’s 2026–27 Budget, highlighting the critical role of the heavy construction materials industry in delivering the state’s infrastructure, housing and energy pipeline.
The Budget outlines a substantial $181 billion capital program of new and existing projects underway across key sectors including transport, health, education and community infrastructure.
CCAA notes that Victoria’s net debt is projected to reach $199.3 billion by 2029–30. In this context, maintaining a visible pipeline of this scale presents a clear risk to delivery without strong fiscal discipline and a focus on efficient, cost-effective project delivery.
Recent analysis by Oxford Economics Australia shows how critical the cement, concrete and aggregates industry is in Victoria, contributing $3.17 billion to Gross State Product and supporting more than 15,600 jobs, underscoring its role as a key enabler of construction activity and economic growth.
“Victoria’s transport, housing, renewable energy and social infrastructure all depend on cement, concrete and aggregates,” CCAA Chief Executive Officer Michael Kilgariff said.
“Ensuring these materials are available where and when they are needed is fundamental to keeping projects moving and delivering infrastructure on time.”
“At the same time, delivering infrastructure at this scale will require careful management of debt and project costs to ensure investment remains sustainable.”
CCAA’s 2026 Victorian Election Policy Priorities highlight the importance of securing a sustainable, reliable and locally available supply of construction materials to support the delivery of infrastructure, housing and energy projects across the state.
“The pipeline provides important demand certainty for the industry, supporting jobs, investment and regional supply chains across Victoria,” Mr Kilgariff said.
“As Victoria continues to invest in infrastructure and housing, ensuring timely and affordable access to construction materials will be critical to maintaining project timelines and controlling costs.”
“A coordinated, whole-of-government Heavy Construction Materials Plan is essential to ensure Victoria has the resources, approvals and planning settings in place to meet future demand.”
“This includes securing access to quarry resources close to where materials are needed, streamlining approvals processes and ensuring planning systems support long-term supply.”
“Building on recent reforms, there is a strong opportunity to take a more strategic approach that gives industry, government and communities greater certainty about how materials supply will be managed into the future.”
Mr Kilgariff said the industry stands ready to support the delivery of Victoria’s infrastructure and housing priorities.
“An efficient and well-functioning construction materials sector is fundamental to delivering infrastructure on time, on budget and at the scale required for a growing state.”
About us:
About CCAA
CCAA is the voice of Australia’s heavy construction materials industry, an industry that contributes $20.7 billion to GDP and supports 112,970 jobs nationwide. CCAA members produce most of Australia's cement, concrete and aggregates, which are essential to the nation’s building and construction sectors.
Contact details:
Contact: Mitch Itter, Manager Communications | 0431 542 660 | [email protected]