BDO Industrials: Spotlight on Water and Wastewater Engineering
BDO Industrials: Spotlight on Water and Wastewater Engineering

Australia’s Water and Wastewater Civil Engineering sector is transforming. With billions flowing through the Federal Government’s National Water Grid Fund (NWGF) and major projects underway across Australia, the sector is gaining momentum. But with growth comes complexity.
From rising costs and regulatory hurdles to digital integration and legal risk, the sector is navigating a challenging landscape. For industry leaders, the opportunity lies in building smarter, more resilient systems that meet national priorities - while managing financial, operational, and legal pressures.
Why it matters
Water infrastructure underpins public health, urban development, and environmental protection. It supports housing, agriculture, and industry, while safeguarding communities from untreated effluent and urban runoff. Strategic investment in desalination, recycling, and dam infrastructure signals a national commitment to long-term water security.
Key challenges
- Funding complexity: Mixed models and inflationary pressures are straining cash flow
- Operational risk: Labour shortages, aging assets, and digital expectations are reshaping delivery
- Legal hurdles: Tightening environmental standards and complex approval pathways add uncertainty
- Strategic M&A: Consolidation is helping firms build integrated capabilities and expand regionally.
How BDO can support you
Our Deal Advisory team is supporting clients across the sector with tailored financial due diligence and strategic guidance. Recent transactions, including Saunders International’s acquisition of Aqua Metro and RSK Australia’s acquisition of ADENCO, highlight the need for specialist expertise and deal structuring.

