MFAA congratulates ALP, calls for continuity on housing and finance policy
The Mortgage & Finance Association of Australia (MFAA) has congratulated prime minister Anthony Albanese and the Australian Labor Party on their re-election, marking the beginning of a second term in office.
The industry body welcomed the result as a chance to maintain policy continuity and make further progress on critical national issues.
MFAA CEO Anja Pannek said the government’s renewed mandate comes at a pivotal time. “We look forward to continuing our productive relationship with the Albanese government as it addresses housing supply, home ownership, and the broader cost-of-living crisis,” she said. “Mortgage and finance brokers are central to helping Australians navigate these challenges.”
Pannek also emphasised the importance of targeted support for small businesses — the backbone of the broking sector — and the need to drive national productivity. The MFAA reaffirmed its commitment to policies that support its 14,000-plus members, most of whom are self-employed.
The association welcomed the certainty surrounding Labor’s Help to Buy shared equity scheme and said it would continue working with Housing Australia to ensure its success.
With a new ministerial line-up expected, the MFAA urged the government to quickly confirm the Financial Services portfolio appointments. “A strong and stable regulatory environment is essential. We’re eager to continue working with the government and opposition to deliver outcomes that support brokers, consumers, and a more competitive lending market,” Pannek said.
The MFAA also thanked outgoing shadow financial services minister Luke Howarth and acknowledged opposition leader Peter Dutton’s efforts during the campaign.
The association pledged to keep advocating for practical reforms, including payroll tax adjustments, streamlined compliance, and the adoption of digital solutions to reduce red tape for brokers.
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