Who we are

About the MFAA

The Mortgage & Finance Association of Australia (MFAA) is the peak national body representing professional mortgage and finance brokers, mortgage managers, and aggregators across Australia. With a commitment to excellence, innovation, and advocacy, the MFAA is dedicated to fostering a thriving industry that benefits its members and the broader community.

Our Vision

To elevate the mortgage and finance broking profession, driving innovation and positive financial outcomes for Australians.

Our Purpose

The MFAA exists to empower our members to prosper and thrive while ensuring Australians benefit from competition, choice, and expert financial guidance.

Our History

Since our establishment in 1980, the MFAA has grown to represent over 15,500 members, making a significant contribution to a healthy, competitive mortgage and finance industry. Through our advocacy efforts, education initiatives, and business-building support, we help our members meet the evolving needs of consumers and business owners alike.

Our members operate under a professional Code of Practice, which strengthens trust and confidence in the mortgage and finance broking industry. This code underpins the alignment of the retail mortgage market with consumer and investor interests.

Together with our members, the MFAA works closely with industry stakeholders, regulators, and government to deliver financing solutions that align with individual financial goals, ensuring consumers and businesses achieve their objectives with confidence.

1980

Established in 1980 to encourage and monitor the growth of the Australian mortgage market

2003

New Code of Practice and Mortgage Industry Ombudsman Scheme (MIOS) commenced operations on 1 July 2003

2007

Name change to Mortgage and Finance Association of Australia on 1 Feb with coverage extended to finance brokers

2012

First Quarterly Market Share data was collected for the mortgage broking industry

2014

COSL subsequently became the Credit and Investments Ombudsman (CIO) in November. All MFAA members required to belong to COSL/CIO or another ASIC approved EDR scheme

2016

The first Industry Intelligence Services Report released

2018

MFAA led a campaign to demonstrate the value of mortgage broking with the ‘Broker Behind You’ campaign

2019

MFAA led the defence of the mortgage and broking industry with a national ‘Don’t Kill Competition’ campaign

2022

MFAA welcomed the decision that the Review of Broker Remuneration would no longer be required. 

2024

MFAA hits 15,500 members. Mortgage Brokers share of the market hits a record high of 74.6% for the September 2024 quarter.

For over four decades, we’ve proudly championed the mortgage and finance broking profession, creating a future-focused industry that benefits all Australians.

Supporting a sustainable industry

Our commitment to our members extends to integrating responsible Environmental, Social, and Governance (ESG) practices that contribute to a sustainable and equitable future for the mortgage and finance broking industry.
ESG Enviromental

Environmental

One of our key pillars is sustainability and we are focused on actively reducing waste, conserving energy, and partnering with other stakeholders to promote environmental stewardship.

Social

We actively engage in a range of initiatives that are designed to enhance diversity, equity and inclusion, community engagement, reconciliation, and consumer protection.

Governance

We adhere to the highest levels of integrity, transparency, and accountability. This ensures that we do the right thing, think beyond the moment, and genuinely serve our members.

Partnerships

Proudly partnering with

We're here to help

Learn how the MFAA supports its members and drives positive change in the mortgage and finance industry. From advocacy and education to business growth initiatives, see how we’re making a difference.

Female broker beginning her career
The MFAA acknowledges Traditional Owners of Country throughout Australia and recognises their continuing connection to lands, waters, and communities. We pay our respects to Aboriginal and Torres Strait Islander cultures, and to Elders past and present.
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© 2025
 MFAA | Mortgage and Finance Association of Australia

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