Why 77% of Australians Now Skip the Bank & Use a Broker with Anja Pannek  episode artwork

EPISODE · Mar 2, 2026 · 42 MIN

Why 77% of Australians Now Skip the Bank & Use a Broker with Anja Pannek

from That Backyard Property Podcast · host Michael Killiner

In this episode of That Backyard Property Pod, host Michael sits down with Anja Pannek, the CEO of the Mortgage & Finance Association of Australia (MFAA). Anja shares her journey from an accountant at Ernst & Young to leading the peak national body for mortgage brokers.We dive deep into the "DNA" of the broking industry, exploring how it has evolved from a transactional service into a trusted profession that prioritises the client’s best interest above all else. Whether you are a first-home buyer, a seasoned investor, or someone curious about the "back end" of the Australian lending ecosystem, this conversation is packed with essential insights into the current property market.In this episode, we discuss:🔑 What "Home" Really Means: Ania reflects on her upbringing across different continents and how housing provides families with social and financial mobility.📈 The Rise of the Broker: Why broker market share has jumped from 30% to over 77% in less than two decades⚖️ Regulation & Trust: The impact of the Royal Commission and how "Best Interest Duty" has made the industry stronger than ever.🚀 Future of Lending: The role of Open Banking (CDR), digitisation, and why the "human connection" remains irreplaceable in a tech-driven world.🏘️ The Supply Crisis: A look at the regulatory levers (APRA, RBA) and the structural challenges facing Australian housing supply.General advice only and not personal advice. CRN 485467--------------------------------------Follow the podcastSubscribe to my channel: / @⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ThatBackyardPropertyPodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Visit my website:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ / ⁠⁠⁠⁠https://tuskfinance.com.au⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow me on social media:Facebook: /⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@tuskfinancemk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram: /⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@mortgageswmichael⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn: /⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@michaelkilliner⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok: /⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@backyardpropertypodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Tusk Finance Email: /⁠⁠⁠⁠[email protected]⁠⁠⁠⁠--------------------------------------Chapters:(0:00) The Need for Advice: Why Australians require more financial guidance in today's market.(1:11) Meet Anja Pannek(1:58) The Meaning of "Home"(7:43) Post-Royal Commission Reform(11:13) Why the industry's DNA is centred on the client relationship.(14:38) Understanding why broker market share has surged to record highs.(15:58) The Broker Remuneration Model: How transparency and accessibility benefit the consumer.(18:13) Behind-the-scenes insights on APRA, ASIC, and the RBA.(21:44) Solving the Supply Crisis(24:14) Brokers as Disruptors: How competition has driven down mortgage costs for everyone.(28:44) Bank vs. Broker Conflict(34:30) Future of LendingProduced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Podwave Studios⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe for more Perth property insights every Tuesday!#PerthProperty #RealEstateAustralia #PropertyMarket2026 #FirstHomeBuyer #PerthRealEstate #MortgageBroker #InvestingAustralia #HomeBuyingTips #Podcast #TuskFinance

In this episode of That Backyard Property Pod, host Michael sits down with Anja Pannek, the CEO of the Mortgage & Finance Association of Australia (MFAA). Anja shares her journey from an accountant at Ernst & Young to leading the peak national body for mortgage brokers.We dive deep into the "DNA" of the broking industry, exploring how it has evolved from a transactional service into a trusted profession that prioritises the client’s best interest above all else. Whether you are a first-home buyer, a seasoned investor, or someone curious about the "back end" of the Australian lending ecosystem, this conversation is packed with essential insights into the current property market.In this episode, we discuss:🔑 What "Home" Really Means: Ania reflects on her upbringing across different continents and how housing provides families with social and financial mobility.📈 The Rise of the Broker: Why broker market share has jumped from 30% to over 77% in less than two decades⚖️ Regulation & Trust: The impact of the Royal Commission and how "Best Interest Duty" has made the industry stronger than ever.🚀 Future of Lending: The role of Open Banking (CDR), digitisation, and why the "human connection" remains irreplaceable in a tech-driven world.🏘️ The Supply Crisis: A look at the regulatory levers (APRA, RBA) and the structural challenges facing Australian housing supply.General advice only and not personal advice. CRN 485467--------------------------------------Follow the podcastSubscribe to my channel: / @⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ThatBackyardPropertyPodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Visit my website:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ / ⁠⁠⁠⁠https://tuskfinance.com.au⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow me on social media:Facebook: /⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@tuskfinancemk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram: /⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@mortgageswmichael⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn: /⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@michaelkilliner⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok: /⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@backyardpropertypodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Tusk Finance Email: /⁠⁠⁠⁠[email protected]⁠⁠⁠⁠--------------------------------------Chapters:(0:00) The Need for Advice: Why Australians require more financial guidance in today's market.(1:11) Meet Anja Pannek(1:58) The Meaning of "Home"(7:43) Post-Royal Commission Reform(11:13) Why the industry's DNA is centred on the client relationship.(14:38) Understanding why broker market share has surged to record highs.(15:58) The Broker Remuneration Model: How transparency and accessibility benefit the consumer.(18:13) Behind-the-scenes insights on APRA, ASIC, and the RBA.(21:44) Solving the Supply Crisis(24:14) Brokers as Disruptors: How competition has driven down mortgage costs for everyone.(28:44) Bank vs. Broker Conflict(34:30) Future of LendingProduced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Podwave Studios⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe for more Perth property insights every Tuesday!#PerthProperty #RealEstateAustralia #PropertyMarket2026 #FirstHomeBuyer #PerthRealEstate #MortgageBroker #InvestingAustralia #HomeBuyingTips #Podcast #TuskFinance

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Why 77% of Australians Now Skip the Bank & Use a Broker with Anja Pannek

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Frequently Asked Questions

How long is this episode of That Backyard Property Podcast?

This episode is 42 minutes long.

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This episode was published on March 2, 2026.

What is this episode about?

In this episode of That Backyard Property Pod, host Michael sits down with Anja Pannek, the CEO of the Mortgage & Finance Association of Australia (MFAA). Anja shares her journey from an accountant at Ernst & Young to leading the peak national body...

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