In an industry-first, the Finance Brokers Association of Australia (FBAA) has launched an industry-based smartphone app, which can be used by both brokers and customers.

The announcement was made by CEO Peter White at the association’s annual conference on the Gold Coast today, where over 300 brokers from across Australia gathered.

Mr White revealed that the FBAA, following months of development, is ready to release the app which includes a finance calculator, stamp duty calculator and information about FBAA news and events.

“This will be a great tool for all brokers and will not only link them with other FBAA members, but will assist with products and calculations,” he explained.

The app will also be promoted to the general public, who will be able to calculate their own stamp duty and connect with FBAA members in their areas.

“This is a great step forward, as it empowers the public and helps them find the right advice, through our members,” Mr White said.

The app is available now on Android devices and will be on iPhones and other Apple devices within a week.

The app can be found simply by searching “FBAA” or “finance brokers”.