Aim The aim of this study was to improve our understanding of depression and anxiety among older immigrant Chinese Australians. Methods The study was based on the National Ageing Research Institute's Cultural Exchange Model, an iterative process of exchange between researchers and stakeholders. The project involved a range of components including consultations with health professionals and community workers about perceptions of depression and anxiety within the Chinese community. This paper reports on these consultation findings. Results Thematic analysis generated five main categories to explain participants’ perceptions of depression and anxiety within the Chinese community. Themes included: lack of knowledge; personal weakness rather than illness; stigma; somatisation; and experience of migration in later life. Responses to questions about education and information dissemination were collated separately and reported. Conclusion Views of depression and anxiety among older Chinese people suggest that educating the community may be an important way to improve mental health literacy and help‐seeking behaviour.