Property Valuer Opteon Launches Training Pathways Amid Workforce Shortage
1 report, 1 independent
Updated Fri 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Property valuation firm Opteon has launched new national training pathways to bring more graduates and early-career professionals into residential and commercial valuation. This initiative addresses a workforce challenge, as Australia has only about 5,200 property valuers, and almost one in twelve is aged 65 or over.
From miragenews.com
Why it matters
The profession is facing a shrinking workforce just as demand is increasing, partly due to changes in capital gains tax and negative gearing, which caused a 30% rise in enquiries for Opteon in July. Property valuation is critical for mortgages, farm succession plans, and insurance claims.
From miragenews.com
Who's involved
- MelbourneMajor economic center where the property valuation workforce challenge is evident
- Commonwealth BankAustralian multinational bank potentially affected by market data quality
- SydneyMajor economic center that competes with Melbourne in property markets
Keep exploring
The entities involved
-
Melbourne
capital city of Victoria, Australia