The Australian Steel Institute (ASI) has welcomed the Queensland Government’s 2026–27 State Budget and its record infrastructure program, highlighting the Queensland steel industry’s readiness to support delivery of the State’s growing pipeline of projects.
The Budget includes a $119 billion capital program over the next four years, underpinned by a record $55 billion Queensland Transport and Roads Investment Program (QTRIP), alongside major investments in health, housing, water and 2032 Olympic and Paralympic Games infrastructure.
ASI said the scale of planned investment presents a significant opportunity to maximise the use of Australian-made steel and local steel fabrication capability across Queensland.
“Queensland’s steel industry is ready and able to contribute to the delivery of these nation-building projects,” said John Gardner, ASI Queensland and NT manager. “From transport infrastructure and bridges to hospitals, rail stations, water assets, sporting venues and housing, Queensland steel manufacturers, processors and fabricators have the expertise, capacity and proven track record to support the State’s ambitious infrastructure agenda.”
The Budget includes major investments in projects such as the Bruce Highway upgrade program, the Gold Coast Transport Plan, Sunshine Coast transport upgrades, water infrastructure projects, rail station accessibility improvements and the Hospital Rescue Plan.
ASI noted that these projects provide an opportunity to strengthen local supply chains, support skilled jobs and deliver long-term economic benefits throughout Queensland and Australia.The Queensland steel sector is an established contributor to the state’s economy and regional communities. Ensuring local steel capability is considered throughout project planning and procurement will help maximise economic value, support manufacturing jobs and build sovereign industrial capability. ASI also echoed industry calls for efficient project delivery, streamlined procurement, and greater collaboration among government, contractors, and suppliers to ensure the infrastructure pipeline is delivered successfully.
As Queensland prepares for continued growth and the lead-up to the 2032 Games, the local steel industry stands ready to work alongside government, contractors and project owners to deliver the infrastructure needed for future generations. The ASI said a strong and predictable project pipeline provides confidence for ongoing investment in Australian steelmaking, fabrication, workforce development, and innovation, ensuring the industry remains well-positioned to meet Queensland’s infrastructure needs over the coming decade.
The ASI is the peak body for the Australian steel industry, representing 700 companies and 7,000 members. Steel generates 100,000 jobs and $30b in annual revenue in Australia.
