May 2018 – Vic Infrastructure Update

The Infrastructure marketplace in Victoria is bustling with activity and opportunities. Major projects such as the Metro Tunnel, Westgate Tunnel, Southern Program Alliance and Melbourne’s third runway, continue to ramp up whilst new projects enter the fray. But when we dig deeper into the industry, we are in uncharted territory in terms of current works in hand and also upcoming projects.

  • The recent state budget offered just over $9 billion funding of projects, including $4.3bn for regionalĀ  roads, $1.9bn for rail, $2.2bn for roads in North/South-East and $704m for regional transport projects.
  • The federal budget allocated a $7.8 billion dollars of funding for road and rail projects with highlights including injecting funds into North-East link and two new rail lines.

Never has the Infrastructure industry in Victoria looked so good, but the challenge for all, will be the acquisition of staff/labour, retaining existing staff and managing the major growth in salary packages. Already we are seeing huge increases in salary and scarcity of talent.

Having been at the forefront of the recruitment sector for infrastructure for 20 years, Talent Associates are very well positioned to keep you informed of new talent to the marketplace and keep you abreast of the latest trends. We partner with clients, don’t scatter-gun resumes and more importantly work with industry/employers/candidates to secure great outcomes.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s