Australian Building Approvals Bounce Back
Australian Building Approvals Bounce Back
But one month doesn't establish a trend, and it's important to remember that we are coming off a very bad base. Today's Australian building approval numbers are encouraging, with over 15k dwelling approvals added in October.
今天的澳大利亞建築批准數字令人鼓舞，10月份增加了超過1.5萬套住宅的批准。
This echos similar sentiment we have been seeing across our partner ecosystem. Real estate developers are feeling more confident and are starting to bring projects forward, particularly in Victoria following the state government's recent stamp duty incentives to encourage supply.
這與我們在合作伙伴生態系統中看到的類似情緒相呼應。房地產開發商感到更加自信，並開始推進項目，尤其是在維多利亞州，繼州政府最近出臺了鼓勵供應的印花稅激勵措施之後。
Australia needs to be building at around 150-200k homes a year just to bring the demand and supply relationship back to equilibrium, and October's figures suggest that we are heading back to that level.
爲了使需求和供應關係恢復平衡，澳大利亞每年需要建造約15-20萬套住房，而10月份的數據表明，我們正在恢復到這個水平。
But one month doesn't establish a trend, and it's important to remember that we are coming off a very bad base.
但是一個月並不能形成趨勢，重要的是要記住，我們的基礎非常糟糕。
Bottom line: State governments need to get smart about encouraging brand-new development and increasing supply.
底線：州政府需要明智地鼓勵全新的發展和增加供應。
New South Wales (NSW) has been talking for most of this year about planning reforms but delivering very little. Victoria has realised that rolling back its taxes can have an immediate impact to bring on supply.
新南威爾士州（NSW）在今年的大部分時間裏一直在談論規劃改革，但收效甚微。維多利亞州已經意識到，降低稅收可以對供應產生直接影響。
Unit approvals jumped 8.9%. That's a smart move in that a state that hasn't had many smart moves in recent years.
單位批准量增長了8.9％。這是一個明智之舉，因爲該州近年來沒有采取太多明智的舉措。
Queensland is starting to show signs of fatigue and we're calling the boom over in that state as we roll into 2025.
昆士蘭州開始表現出疲勞的跡象，隨着我們進入2025年，我們宣佈該州的繁榮已經結束。
Market commentary from Peter Esho, economist and founder at Esho Capital
Esho Capital經濟學家兼創始人彼得·埃肖的市場評論
譯文內容由第三人軟體翻譯。
