The Bureau of Transport Economics (BTE) reviewed various road construction price indexes and produced new input- price indexes for the road construction industry for the period 1969-70 to 1980-81 in BTE Report No. 49, Road Construction Price Indexes: 1969-70 to 1980-81. The BTE indexes, updated for the financial year 1981-82, were presented in information paper no. 7. The present information paper contains a further update of the BTE input-price indexes for the financial year 1982-83, and also sets out minor revisions to the indexes for 1981-82. Preliminary data which were used in compiling the indexes for 1981-82 have now been updated, and this has resulted in minor amendments to the 1981-82 figures. The BTE Road Construction Price Indexes are designed for use in the BTE's current study of the Australian road system and, in particular, for the analysis of trends in road expenditure at constant prices. However, they also provide a general guide to trends in road construction costs in Australia. Important considerations in devising the indexes were that they should be statistically robust, timely, readily capable of being updated and easily interpreted. The BTE price index for overall road construction activity registered a 12.8 per cent increase in 1982-83. The rise in 1981-82 was also 12.8 per cent. The rate of growth of the index in these two years showed a substantial fall from the large increases registered in 1979-80 and 1980-81 of 15.9 per cent and 15.5 per cent respectively. There were substantial rises in fuel and bitumen prices in 1979-80 and 1980-81. The large rise in fuel prices in 1982-83 was countered by relatively small increases in the prices of bitumen and plant. (Author/TRRL)

  • Availability:
  • Corporate Authors:

    Australian Government Publishing Service

    109 Canberra Avenue
    Griffith, A.C.T.,   Australia 

    Bureau of Transport Economics, Australia

    P.O. Box 367
    Canberra, A.C.T. 2601,   Australia 
  • Publication Date: 1984

Media Info

  • Features: Figures; References; Tables;
  • Pagination: 17 p.
  • Serial:
    • Issue Number: 9

Subject/Index Terms

Filing Info

  • Accession Number: 00389201
  • Record Type: Publication
  • Source Agency: ARRB
  • ISBN: 0-644-03150-0
  • Report/Paper Numbers: Monograph
  • Files: ITRD, TRIS, ATRI
  • Created Date: Nov 30 1984 12:00AM