MFAA joins COSBOA to boost support for SME members

Membership to reduce red tape, boost cybersecurity for brokerages

MFAA joins COSBOA to boost support for SME members

The MFAA has announced that it has joined the Council of Small Business Organisations of Australia – the peak body which represents small businesses in Australia and advocates for their interests.

“We’re thrilled to become members of COSBOA and have the opportunity to work together for the benefit of our broker members, the vast majority of whom are small business owners themselves,” said MFAA chief executive Anja Pannek (pictured above right).

Joining COSBOA, said Pannek, would allow the MFAA to further widen its member support and advocacy.

“We know our members require strong representation at all levels of government – federal and state – and the expertise of the COSBOA team will enable us to expand our advocacy support to a broader range of matters that impact our members as small business owners,” Pannek said.

“Small businesses across Australia face common challenges which COSBOA is focused on, such as strengthening cybersecurity, reducing unnecessary red tape and ensuring taxes, such as payroll tax, do not make running a small business unprofitable.

“So, it makes sense for us to join forces with COSBOA, and their extensive membership, to add weight to our advocacy on improving conditions for small businesses like our members’, and leverage COSBOA resources that will benefit our members.

“We look forward to working with COSBOA and enhancing the voice our small broking business members across Australia.”  

COSBOA CEO Luke Achterstraat (pictured above left) said that the council’s strength came from its members.

“With MFAA joining us, we are even better equipped to represent the interests of small businesses,” he continued,” Achterstraat said.

Achterstraat also noted the importance of mortgage finance access amid the housing affordability crisis.

“Mortgage brokers play an important role in unlocking the dreams of many Australians, including young families,” he said. “We need to ensure that policy settings support rather than hinder the work of these brokers. We look forward to working with the MFAA as we collaborate to support engagement and advocacy efforts.”

How will MFAA’s membership of COSBOA help broker businesses? Comment below