We Review the Year that was 2021

The shadow of the pandemic has loomed over the Australian economy for a second year. Australian Broker talks to 12 financial services industry leaders, who reflect on the challenges and achievements of 2021 and share their expectations for the year ahead

People in the mortgage finance industry have barely been able to catch their breath this year, having been buffeted again by the fierce winds of COVID-19.

Widespread lockdowns and closed borders hurt small businesses, employment, education and construction. However, federal and state government financial support mitigated the worst impacts, helping many workers and businesses stay afloat.

The property market boomed, with prices surging more than 20% nationally. Record-low interest rates fueled increased demand.

To read the full article: Australian Broker 2021 – Year in Review