The MFAA has published its financial year 2025 annual report, showcasing its key initiatives and achievements from the past financial year.
Industry advocacy body, the Mortgage and Finance Association of Australia (MFAA), has released its annual report for the financial year ending 30 June 2025 (FY25).
The association had a busy year, holding over 40 meetings with government and regulators, submitting 19 formal papers, and participating in two inquiry hearings.
Initiatives span reforming the NSW Payroll Tax Act, championing a fair and equitable Compensation Scheme of Last Resort, and promoting continued investment in the Consumer Data Right to improve outcomes for brokers and clients.
More recently, the body promoted the third-party channel to Australian consumers as part of its largest-ever national consumer campaign and set up a strategic partnership with the Commercial & Asset Finance Brokers Association of Australia (CAFBA).
The MFAA also reported an 11.5 per cent revenue increase to $11.5 million.
MFAA CEO Anja Pannek highlighted the association’s advocacy leadership, the launch of the Mortgage and Finance Professional Australia (MFPA) designation, and its national consumer campaign as key achievements in FY25.
“We consider it a privilege to represent our members. Our FY25 Annual Report demonstrates the meaningful impact delivered on their behalf – through advocacy, strengthened professional standards, and services that support our members,” she said.
“Importantly, the Association remains in a very sound financial position, which enables us to continue driving positive change and supporting members into the future.”
Pannek also described the MFPA as a watershed moment for the industry.
“The MFPA is the result of years of hard work. It includes the first professional university-level mortgage broker qualification in the country, created in partnership with RMIT,” she said.
“The MFPA sets a new benchmark for professionalism.”
Membership base
As reported by The Adviser in July, the MFAA’s membership is now at a record high.
As of 30 June 2025, the MFAA has 16,172 members, including brokers, aggregators, mortgage managers, mortgage insurers, and other key industry participants.
This is the first time the body’s base has surpassed 16,000 members.
The MFAA’s membership base grew by 5.17 per cent over the financial year, according to the body, surpassing the 3.71 per cent growth rate observed in FY24.
Individual mortgage and finance brokers comprise 97 per cent of the MFAA’s membership, with close to 1,200 new-to-industry brokers joining the MFAA in the past financial year.
Speaking to The Adviser, the MFAA attributed the rise to key initiatives including the MFPA designation, advocacy efforts, research such as the 2025 Value of Mortgage and Finance Broking report, and its consumer campaign.
“It’s pleasing to see the immense trust brokers are placing in the MFAA, to be their voice and represent their views when talking to government, regulators and other key stakeholders,” she said.
The year ahead
Looking ahead, Pannek said the MFAA team was already well underway with initiatives designed to further strengthen the broker proposition for Australians in FY26.
“As we look ahead to FY26, we will be focused on strengthening the mortgage and finance broking industry, driving greater recognition of brokers’ value, and ensuring the MFAA continues to deliver meaningful advocacy outcomes for our members and the clients they serve,” she said.
[Related: New broker education designation released]
