Freight transport plays a significant and wide-ranging role across Australia’s economy. It includes the movement of Australia’s major bulk export commodities to ports for export, to the transport of raw materials and semi-processed commodities to businesses for further processing and finished products for household consumption.
This report presents long-term forecasts of total Australian freight volumes, for road, rail, coastal shipping and aviation, between 2020 and 2050. The forecasts are based on a combination of statistical models relating historical trends in freight volumes and economic activity, informed assumptions about likely future long-term economic and demographic trends, and international assumptions about likely future world demand for key Australian export commodities. This report updates BITRE 2019 aggregate freight forecasts.