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.
今天澳洲建築審批數字令人鼓舞，十月份新增了超過1.5萬項住房審批。
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。地產發展商感到更加自信，開始推進項目，尤其是在維多利亞州，因該州政府最近推出的印花稅激勵措施以鼓勵供應。
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.
澳洲每年需要建造大約15-20萬套房屋，僅僅是爲了將供需關係恢復到平衡，而十月份的數據顯示我們正朝着這一水平回歸。
But one month doesn't establish a trend, and it's important to remember that we are coming off a very bad base.
但一個月的數據並不能建立趨勢，並且重要的是要記住我們是從一個非常糟糕的基礎上起步。
Bottom line: State governments need to get smart about encouraging brand-new development and increasing supply.
底線是：各州政府需要聰明地鼓勵全新的開發並增加供應。
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.
新南威爾士州在今年大部分時間裏一直在討論規劃改革，但幾乎沒有實質性進展。維多利亞州意識到，取消其稅收政策可以立即影響供應的增加。
Unit approvals jumped 8.9%. That's a smart move in that a state that hasn't had many smart moves in recent years.
單位審批增長了8.9%。這是一個聰明的舉措，因爲該州近年來並沒有做出多少明智的決定。
Queensland is starting to show signs of fatigue and we're calling the boom over in that state as we roll into 2025.
昆士蘭州開始顯現疲態，我們認爲該州的繁榮已經結束，正向2025年邁進。
Market commentary from Peter Esho, economist and founder at Esho Capital
市場評論來自Esho Capital的經濟學家兼創始人Peter Esho
譯文內容由第三人軟體翻譯。
