Cement Concrete & Aggregates Australia (CCAA) has today released The Economic Contribution of the Cement Concrete and Aggregates Industry in Australia, highlighting the central role Victoria’s heavy construction materials industry plays in delivering the state’s housing, transport and renewable energy commitments.
The report shows that in FY24/25 the industry contributed $3.17 billion to Victoria’s Gross State Product and supported 15,637 jobs across the state. This includes $1.54 billion in direct value added and 4,871 direct jobs, with a further 4,967 jobs supported through the supply chain and 5,799 jobs through induced economic activity.
Victoria is a major centre of cement, concrete and aggregates activity, underpinned by rapid urban growth and one of the nation’s largest infrastructure pipelines.
The Victorian Government has set a target of delivering 800,000 new homes over the next decade, alongside major transport and energy projects including the North East Link, Melbourne Airport Rail Link and Suburban Rail Loop East, as well as large-scale wind developments in Gippsland and Western Victoria.
CCAA CEO Michael Kilgariff said delivering Victoria’s housing and infrastructure targets will depend on secure and sustained supply of heavy construction materials.
“If construction materials supply is disrupted, whether through global shocks, fuel constraints or planning bottlenecks, the impacts are clear: delayed projects, rising costs and increased pressure on housing affordability,” Mr Kilgariff said.
“Every new housing estate, high-rise apartment, rail tunnel, bridge and wind turbine foundation depends on secure, high-volume supply of cement, concrete and aggregates.
“Victoria’s shift toward higher-density housing and major transport construction will significantly increase demand for high-strength and precast concrete products.”
The report notes that urban densification and vertical growth are reshaping Victoria’s construction profile, increasing pressure on quarry resources and reinforcing the need for coordinated long-term planning.
Mr Kilgariff said safeguarding access to quarry resources and industrial land close to growth corridors will be critical to keeping Victoria’s housing and infrastructure pipeline on track.
“These materials are fundamental to delivering Victoria’s housing and infrastructure commitments,” he said.
“When the state sets ambitious housing and transport targets, it must also plan for the cement, concrete and aggregates that make those projects possible.”
“Recognising heavy construction materials as essential enabling infrastructure is key to meeting Victoria’s growth ambitions.”
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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]