Spring is a wonderful season, particularly on the Gold Coast. If you’re considering selling your property during this period, you’re in luck. The season itself combined with the increased buyer activity can work in your favour. However, it’s important to approach the process strategically to ensure a smooth and successful sale. Here’s what you need…
Breaking a lease can be tricky for both landlords and tenants. The recent changes to Queensland’s rental laws have made this process more complex, altering the financial responsibilities of both parties. At Astute Realty, we understand the intricacies of these changes and are here to guide landlords through this transition smoothly. Understanding the Old Rules…
Selling your Gold Coast property can be a rewarding experience, but it’s important to make the right renovations to entice potential buyers and maximise your return of investment. Focusing on buyers’ specific preferences saves you the unnecessary costs and ensures your property can thrive and even stand out in the increasingly competitive Gold Coast market. …
As of 6 June 2024, changes are being made in Queensland’s renting laws, which will affect property investors and their investment properties. But understanding what these changes are all about is important for you, property investors, so that you can continue to secure maximum returns for your business. This article will offer some useful insights…
Setting rent on the Gold Coast? Get the latest strategies from Astute Realty to boost your property’s earnings.
Explore how Astute Realty maximises your investment property maintenance on the Gold Coast for peak profitability.
Effective tax planning strategies for property investors. See how to organise finances and maximise deductions with your property manager.
Looking for a Property Manager in Gold Coast? Learn the top 10 questions to ask before hiring to ensure you find the best match for your needs.
The Gold Coast real estate market is known for its vibrant communities and stunning coastal views that continue to demonstrate remarkable resilience and strength, even as it navigates through the ebbs and flows of economic shifts. Despite the prevailing headwinds of interest rate increases over the past year, the sales market on the Gold Coast…
The prospect of rent increases can stir a mix of uncertainty and concern. At Astute Realty, we believe in simplifying the process, ensuring that property owners and tenants alike are well-informed. This is especially important in a changing market like the Gold Coast, where understanding the mechanisms behind rent increases can empower all parties involved.…
Selling your home on the Gold Coast isn’t just about listing it, it’s about closing the sale with the best possible outcome. With the property market as competitive as it is, selecting the right real estate agent is more important. The Push for Quick Sales and the Commission Conundrum In the race to close deals,…
If you own an investment property on the Gold Coast, a good property manager is not just a bonus, it’s a necessity. But what sets a great property manager apart? The answer is simple: their use of AI technology to protect and enhance your investment. The Role of Tech in Modern Property Management Technology has…
The Gold Coast is a vibrant property market, and comprehending the nuances of rent increases is crucial for landlords and tenants alike. Astute Realty, your trusted partner for Gold Coast real estate, brings you this insightful guide on how rent increases work, the regulatory framework, and the market forces driving them. How Do Rent Increases…
In the ever-changing real estate market, the Gold Coast emerges as a shining example of opportunity, particularly in the investment property sector. Despite a fair bit of negative press surrounding the property market, Astute investors are discovering that the Gold Coast is a veritable goldmine for investment, especially in residential properties. The pressing question is,…
In the midst of the current housing crisis, securing a rental property has become increasingly competitive. For prospective tenants, this means taking a proactive and strategic approach to your tenancy application is more important than ever. To make it easier on you, we’ve listed 9 key strategies to enhance your chances of success at your…
If you watch the news, you’ll notice that the rental market is under the microscope. The media’s portrayal of landlords, particularly in light of rising rents, has sparked considerable debate and concern. As a seasoned professional in real estate, I aim to shed light on this issue with a balanced, well-informed viewpoint. Understanding Rent…
Ensuring safe, comfortable, and healthy living conditions is paramount for landlords and tenants in Queensland. The Queensland Government’s Minimum Housing Standards outline the essentials every property should meet. Whether you’re a tenant seeking better living conditions or a landlord striving for quality housing, our guide covers everything you need to know about QLD Minimum…
Maintaining your property to meet the Queensland Minimum Housing Standards isn’t just about adhering to regulations – it comes with a host of benefits that can make a significant difference in your experience as a landlord. From attracting high-quality tenants to avoiding legal hassles, investing in your property’s quality pays off in more ways than…
To make your tax time go smoothly and maximise your return, it’s important as an Investor to get organised now to save any administrative headaches with the help of these 5 Tips to prepare for the End of Financial Year. In this article, we outline a few things you should do to get organised for…
The Astute Team attended a seminar during which factors influencing the QLD Property Market were discussed, including the influence of increasing Interest Rates! Several factors can influence the property market and interest rates in Queensland, Australia. Here are some key factors to consider Supply and Demand: The balance between housing supply and demand plays a…
There has been quite a bit of hype in the Queensland media over the past week or two regarding “rent capping”, with the Palaszczuk government being very clear that the topic is very much on their agenda at the moment. Naturally, as an investor this kind of talk might be making you feel a little…
Welcome to Astute Realty! Today we thought we would introduce ourselves and share a little about who we are and our backgrounds. In our previous life BK ( before kids)- I was a Sonographer/ Radiographer working in both Hospitals and the private system, specializing in obstetric Ultrasound, whilst Phil was a Pilot Instructor in the…
Moving in with housemates can be exciting! Perhaps you have finished year 12 and looking to further your studies or join the workforce experience living away from home. Living with housemates will mean you have someone to chat with, share the housework and bills with. But before moving in with housemates, be sure everyone is…
One of the most important decisions a landlord will make is whether to manage their rental property themselves or enlist the services of a professional property manager. Today we share exactly how the right professional property management team will save you time and money. There are complexities to property management that many people are unaware…
In light of the weather forecast here in Australia we thought today would be a great time to share 9 simple steps to Prepare your property for storm season and save money. Here in Queensland, The Sunshine State is well known for the saying “Beautiful One Day – perfect the next” however destructive storms with…
Because it is very unlikely that you have the 1st of October marked in your calendar with a big red circle (unless it’s your birthday perhaps), we thought we should let you know that the new legislation kicks in tomorrow for residential tenancies in Queensland. For most of our clients, the impact of these changes…
Over the last few days, we have shared with you details of three of the major changes to our residential tenancies legislation. The ones we feel will impact our clients the most. They are not the only updates to the regulations that will take effect from the 1st of October, but they are definitely the…
Ending a Tenancy The changes to how we can end a tenancy are probably the most critical of all the new regulations. But, and this is a big but, these grounds only apply if there is no fixed term lease in place. Prescribed Grounds What this means is that if the tenant is on what…
Yesterday, we touched on the new legislation changes with regard to emergency repairs in residential tenancies. Today, we are going to share a little about the new pet laws that are being introduced. Whether you are personally a pet lover or are not really a fan, the upcoming changes to legislation surrounding the approval and/or…
It’s a little less than 2 weeks until the largest amendments we’ve seen to Queensland Residential Tenancies Law for a long time, kick in. Some media outlets have been enjoying stirring up a bit of drama and there is some misinformation circulating in the news as to how these changes will affect investors. Over the…
There really is no better time than spring to roll up your sleeves and maintain your property. Whether it is an investment property, soon to be on the market or your own home, scheduling regular maintenance and cleaning can lessen the costs involved and add profit to your pocket! Most people underestimate what can be…
I can’t believe we are half way through the year, which means it’s tax time again, and time to prepare for the end of financial year. To make your tax time go smoothly and maximise your return, it’s important to get organised now to save any administrative headaches and get your tax return completed as…
It’s important to recognise what preparations it really takes to sell your house. So, here are our 8 Tips for Preparing Your House For Sale.
Our “best books on property investment” list can help you find top investment tips and strategies to start your property investing journey.
Spring has arrived and that means that it is now the perfect time to start your spring cleaning efforts. See our ultimate tips that you can follow this spring!
Selling your house can be a struggle and be both time-consulting and emotionally challenging, but knowing these 7 things will help you avoid certain mistakes when selling your house.
Preparing your home for the rental market is crucial as it will help you maximise rental income while securing quality tenants.
Find out the steps and precautions we take to help choose the right tenant for your property.
Food storage containers are one of the trickiest things to store and organise. Small kitchens lacking storage space can complicate this more.
There are several details you need to include in a rental application. Here’s everything you need to put together a strong rental application
There can be many factors you need to consider and eliminate when you weigh up whether to make a rent increase to raise your rental return.
What are 5 common investor mistakes to avoid? Let’s face it we all get busy with day to day life however how do you avoid common investor mistakes and make the most of your investment? From interest rate changes to the ups and downs of property prices, it’s important you remember a few key things…
Additional deductions may be available with a split tax depreciation report if you own your investment property with another person.
When vacating your rental property there are a few steps you can take to ensure your Rental Bond is returned in full. Here are 5 steps to help you.
Here is a list of things you need to buy before you move with flatmates to make your transition smooth and to feel more at home.
Want more learn more about property investments? Here are 5 Property Investment Experience books. Enjoy the reading!
In recent years, the concept of rentvesting has grown in popularity as property prices around inner-city suburbs grew rapidly. For example, you may have wanted to enter the property market close to Sydney’s CBD but didn’t have a large enough deposit saved. With rentvesting, you can invest in one area you may not live in…
Moving in with housemates can be great fun. Here are 5 Tips for Splitting Rent and Expenses with your Housemates.
Is it the tenant’s responsibility to mow the lawn? In general, it will be the tenant’s responsibility as well as tenant Maintenance.
As the number of long-term tenants in Australia continues to rise, we’ve listed the top things they are looking for in this blog.
We want your home to be safe and secure for you to live in. So, if your property requires repairs and maintenance, we want you to let us know straight away however what is considered urgent repair and what can wait to the next working day? If you have an after-hours, urgent repair, you…
The COVID-19 pandemic has disrupted many industries, including the real estate – property market. With some landlords and renters facing financial hardship, it’s understandably a stressful time for people. For property owners and investors, how the property market performs as we move to the other side of COVID-19 is top of mind. Depending on what…
No matter what time of year it is, now is a perfect time of year to “spring clean” your property, and let the brightness of spring clean fill your place with new energy. Whether you’re already a clean freak and your home is clean, or you know your place needs a bit of extra cleaning…
While moving into a place with new housemates can be an exciting change, there are some direct conversations you need to have with your potential housemates before you apply for a place. To make sure everyone is on the same page, we’ve listed the things you need to discuss when you’re looking for a place.…
One of the hardest things about renting is that you can’t change much about the property. And if you’re living in an apartment or small place, lack of storage can be one of the biggest challenges to overcome. There are things you can do; however, that will create more storage space in your home. Here’s…
While many people could criticise renting saying that the money you pay for your weekly rent isn’t going towards paying off your own home, there’s also an array of benefits that come with renting. Not only does renting allow you to experience living in areas where you may not be able to buy a home, …
With the rising popularity of minimalism in recent years, owning multipurpose items for your home can help you have a minimalistic approach to your lifestyle. Whether you’re a fashionista, couch potato or a keen cook, there are multipurpose items that can be useful in every part of your home. Here’s our list of the best…
Slowly but surely we are returning to a life with less restrictions as we move through the three phases of easing restrictions in QLD, but what does this mean for Real Estate and the Market? What affect has the restrictions had on the Market? Despite the fears and restrictions caused by Covid-19, Astute has readily…
Searching for a New Home? Searching for a new home to rent can be a tedious process. Between scrolling through listings, attending inspections and putting your application paperwork together, it can be easy to be quickly exhausted by the whole process. However, with a specific list in mind of what you’re looking for in a…
One of the hardest parts of renting is trying to dress up rooms that haven’t had much love in previous tenancies. With some luxurious additions, however, you can dress up even the hardest rooms such as the bathroom. If you’ve got a drab bathroom that looks a little more yesteryear than modern, spa-like retreat, try…
Anyone who’s done any personal development work or read a book about building wealth will know how important it is to have a winning mindset. Not only is a winning mindset important in all aspects of life, it’s also particularly important when it comes to paying off debt and building wealth. Below, we’ve listed two…
As the end of the financial year fast approaches now is a good time to catch up on all your paperwork and investment administration. With additional time at home due to the COVID-19 pandemic, the extra time you spend on getting organised now will give you something productive to do, while leaving yourself time before…
Simple home improvements not only maintain your property however assist in ensuring your property remains a popular prospect for future tenants giving it the edge when quality potential tenants are comparing properties in a competitive market. This is particularly important during these unpredictable times where it may take some time before we know the full effects…
At Astute we have specific procedures in place to assist tenants to provide all relevant information and documentation relative to their financial situation should they indicate they have been financially affected by the Covid-19 emergency. We are also ensuring Tenants have access to information relative to Government Assistance and options of income support. From here…
There are a couple of things to consider as you optimise rental return on your investment property during a crisis like this.
With the coronavirus now widespread around the world, it’s a timely reminder to make sure you’re not just cleaning your home, but disinfecting things, so germs don’t spread. According to the US Center for Disease Control, the flu virus can live for up to 48 hours on hard surfaces — gross! To make sure your…
What is Law Grub? Lawn grubs are surface dwelling larvae of moths and other species such as sod webworm, cutworm and armyworm. These caterpillar-like larvae feed on your grass during the night that causes the surface of your lawn to present as brown patches. If Lawn grub is rife in the local area and needs…
Selecting the right property for your next investment is a process! If you’re a seasoned property investor, you’ve likely been through it many times — the research, the negotiating and the waiting. There are a few key steps you need to follow to make sure your next property investment is a wise one. Here are…
We all know the basic premise of value growth in most industries is supply and demand. For the property market, demand is a property investor’s best friend. To understand the state of supply and demand across markets in Australia, there are specific indicators to keep an eye on as you research. Here’s our list 5…
Negotiating skills are essential to have in many situations particularly when you’re navigating the purchase of large items or assets. With the high value that property transactions attract, knowing how to navigate the negotiation process is crucial. Not only can strong negotiation skills help you in other areas of your life, but it can save…
Deciding whether to buy an established or off-the-plan property as an investment takes a lot of consideration. Like any investment, there are upsides and downsides to both options. We’re taking a look at some of the factors to consider when deciding between established or off the plan investment properties. With established properties, investors can value-add…
With the rapid growth that occurred in Australia’s property market throughout 2016 and 2017, many investors may have been priced out of the best investment markets in Australia. But what if you could find a bargain property somewhere just outside these markets to grow your portfolio? Not only would a budget property potentially increase your…
Tax time turns up every single year, so we want to make sure you’re organized when tax time rolls around again next! To make sure your tax time goes smoothly, there are things you need to do throughout the financial year. Here’s are the two most important things you need to do to save potential…
The team at Astute Realty understands reducing the risk for you as an investor is a high priority particularly with Legislative requirements . Maintenance matters are carried out in accordance with your instructions as the property investor, with guidance from our Management Team in terms of Legislation and ensuring your properties potential capital growth is…
As a property investor, a large portion of your time, energy and thoughts probably go towards researching the property market. Whether you’re looking to grow your portfolio or sitting tight in the current market, it’s clear Australians love spending time researching property. According to new research by HSBC, Australians spend around 2.5 hours per week…
With credit tightening for property investors for well over a year now, making a strong case in your loan applications has never been more important. To make a strong case towards loan approval, there are a few things you can do. Here’s our list of what you can do to make the strongest case possible…
With PROPOSED Rental Law reforms being such a controversial topic it is important that Landlords and Tenants alike ensure they are well informed with what is being proposed and the resultant outcome on property investment of such reforms. The Real Estate Institute Queensland has published a lot of information which assists in understanding what outcome…
With the holiday break around the corner, it’s the perfect time to relax with a good book. As a property investor, you’ve probably noticed it’s not just property books that help you focus, but it’s other non-fiction books that help you progress with building your wealth and improving other areas of your life too. The…
How effective is your goal setting. Maybe you want to buy another investment property, sell one of your properties, or finally build up to running in the half-marathon that’s passed you by every year for a decade. Whatever your focus is for the new year, you need to properly set goals to give yourself the…
As a property investor, there’s a lot you need to manage every day. While your property manager will likely take care of most of the everyday administration of the property, there are a few key things you need to do for your property portfolio to be set up for long-term growth. Here are 4 things…
Accessing the equity in your investment properties is essential for growing your property portfolio and staying nimble as the property market goes through cycles of change. As the mortgage market continues to undergo changes, understanding how to access your equity is key if you come across investment opportunities. As a property investor, equity is likely…
Some of the things that start to show their age quickly in an investment property are fixtures and fittings. While some fixtures and fittings may need to be updated due to damage or a fault in the item, knowing when to update things in your home is important. This keeps your home in excellent condition…
Winter has officially arrived, and for many people round Australia, that means cooler days and nights are here to stay. As it gets more difficult to wake up on a cold Winters morning your property living spaces may start to feel cold all the time Fortunately, there are ways to keep your home warm throughout…
Whether you’re strictly a property investor, or you have other investment holdings as well, understanding how to properly manage your finance is crucial. The key principle that underpins effectively managing your money is making sure that once you’ve worked hard to earn your money that you put it to work for you. Here are three…
There are five key things you can do to accelerate your climb up the property ladder. Investing in property can involve significant financial commitment and also requires regular dedicated time and effort. Before making your investment, it is worthwhile considering the following top tips that may help ensure investor success . Time in the market not…
One of the most commonly asked questions by clients is -How much will my investment property lease for? At Astute we take the time to ensure that we provide our clients with enough information to make informed decisions and be involved when pricing the property for lease. The price will ultimately be decided by- the…
The team at Astute Realty understands reducing the risk for you as an investor is a high priority particularly with Legislative requirements. Maintenance management is carried out in accordance with your instructions as the property investor, with guidance from our Management Team in terms of Legislation and ensuring your properties potential capital growth is not…
Of course it is important to interview several potential agents so as to make an informed decision on who will best property manager for your investment property, which you have put your hard earned savings into. At Astute Realty we manage each investors property as if it were our own, avoiding a “one size fits…
The Property Management team at Astute Realty – Hope Island, understands the importance of the Entry Condition Report at the start of a General Tenancy Agreement. When a tenant moves into a property, both the tenant and the property manager are required to complete an entry condition report. This report is an extremely important document…
The team at Astute Realty understands reducing the risk for your investment property is a high priority particularly with Legislative requirements . Maintenance matters are carried out in accordance with your instructions as the property investor, with guidance from our Management Team in terms of Legislation and ensuring your properties potential capital growth is not…
As an investor, we understand your primary objective is to maximise rent and optimise capital growth on your investment property. The team at Astute Realty understands this. As part of our service to you, we realise the importance of rental returns and we are constantly monitoring the current market rent on your behalf. A minimum…
With the holiday season fast approaching, it is important to be as vigilant as ever when it comes to keeping your home and family safe. The summer months can be peak times for residential robberies with opportunistic thieves tempted to take advantage of homes filled with new gifts during the Christmas period or break into…
8 STEPS TO GETTING STARTED IN PROPERTY INVESTMENT At Astute we have a holistic approach to property and can also assist your Property Investment Journey. Here are eight steps to starting a property portfolio on a solid ground, without losing your mind, which we can assist with: Check your finances. This can be as simple…
One of the most important decisions a landlord will make is whether to manage their rental property themselves or enlist the services of a professional property manager. While DIY property management may sound easy enough, it can actually be quite complex and there are potential traps. One of the biggest issues facing landlords is the…
The Real Estate Investor A real estate investor makes money through real estate. An active investor may attempt to analyse real estate market values and trends themselves or use a Property Investment Specialist who can also assist with cash flows and borrowing capacities to strategically plan a property portfolio to build wealth. Investors use…
Each summer one of the most common maintenance requests to Astute by tenants is the Air-conditioning Unit failing to function optimally, or even at all. This seems to be most common over the Christmas /New Year’s break when Summer is at its hottest, and trades are on leave or charging call out fees over…
Over the years I have come across many cases where agencies have failed to follow vacate procedures, leaving the property substandard for the next tenancy, resulting in the property deterioration between each tenancy, costly vacancy periods, loss of rent, or even a trip to QCat due to disgruntled new tenants living is substandard conditions. As…
Whilst Astute Realty manages repairs, maintenance and improvements for their Landlords to ensure their investment is maintained and in good order, deductions for such works are areas the Australian Taxation Office pay particular attention to on annual tax returns. For this reason it is important that investors understand the difference. Repairs are considered work completed to…
Astute Realty Landlord’s commonly ask for special conditions to be inserted into the tenancy agreement that should an appliance cease operating during the tenancy that it will not be repaired or replaced. Such clauses are in breach of tenancy legislation. Legislation requires that should an appliance be present and in working order at the…
Throughout the warmer Summer months some Landlords and Tenants may experience their beautiful lawn falling victim to Lawn Grub. The good news is- your lawn can be revived and look as good as new with very little effort, here is some Astute Realty pointers to help detect and treat lawn grub…… Signs of Lawn Grub – If…
Call our team today to see how we can make you stand out in the crowd!
This is a common question asked by our Astute Realty Landlords. It is important to remember that as your property manager, unfortunately we are not the gatekeeper of rental values. Rental levels, like sales values, are determined by the market. In other words, what a tenant is prepared to pay for a given property in…
As a Landlord Astute Realty Clients may be entitled to a range of tax deductions which can help increase your tax return and provide you a greater return on your investment. As rent received forms part of your income, you are entitled to claim legitimate expenses in the pursuit of earning that income. This can…
As the most popular investment strategy used by Australians, it is important to understand how negative gearing can create wealth. Gearing is a term that means borrowing money to purchase an investment property. Negative gearing is when that money is used to purchase a property that generates less money than the cost of owning and…
At Easter most Australians will take advantage of an extended weekend and go away to enjoy the first holiday after the Christmas break. Easter to many means Chocolate Easter Eggs and a Easter Egg Hunt and perhaps an Easter Bonnet parade at school or kindergarten. However other countries celebrate Easter in a variety of ways.…
Setting up your Investment Property for renting is a pivotal part of minimising stress, with Lawns and garden maintenance, as well as occasional tree trimming needing to be considered. It is important to state the differences with lawns and gardens, as opposed to tree trimming. Generally speaking, if it is within reach for the Tenants…
As property owners it can be very tempting to just have things repaired/replaced as problems surface – and often without any real effort into prevention. Although this approach can reduce your short term financial cost, in the long run it can be quite costly in future repairs/replacements of items that may not have been necessary…
Come into the Astute Office, this week and make a donation, grab a Zarraffas Coffee voucher, a treat, or even a raffle ticket to go into the draw for a bottle of Moet, and help us surpass our goal of raising $500. If you can’t make it in feel free to donate via the link: http://qld.cancercouncilfundraising.org.au/AstuteRealty…
Our Residential Tenancies Act’s refer to “Fair Wear and Tear” with regards to the handing over of a property by the Tenant at the conclusion of a tenancy. There are many definitions available for Fair Wear and Tear so what do you go by? There are many Tribunal cases each year in all states across…
With Summer heating up, a favourite past time of Queenslanders is swimming in the family pool, however a primary focus for all pool owners should also be to ensure their pool complies with the Pool Safety Laws. The Laws require all new and existing pools to comply with the standards by 30 November 2015,…
Tammy presented to Year 12 at A. B. Paterson College Property Management and Tenancy is becoming more and more Legislative and Litigative, which unfortunately means that all too often when we take over properties managed by previous agencies, we come across tenants and owners alike who have managed to get themselves into trouble. Astute Realty is…
Last night Astute sponsored Carols at the Links Hope Island Golf Club, which was fantastic family event enjoyed by all and a great example of the Astute Realty’s philosophy: Real Estate is more than Bricks and Mortar, it’s about people, homes, neighbours, and communities. It’s about raising families, creating wealth living comfortably and belonging. Once again…
Licensee Phil Game Phil is a licensed Real Estate Agent and Financial Planner who also holds a Masters of Business, Financial Diploma, and Engineering Degree. In his life before Real Estate he spent 14 years as an Officer in the Australian Army flying Military helicopters. His time in the Military has taught him Loyalty, Camaraderie, Honesty…
The Astute team strive to consistently deliver accountable results for its clients with total integrity and transparency, providing customers and clients with the most up to date and innovative property solutions. Over the next few weeks we would like to introduce our team so stay tuned or come into our Hope Island Office and say…
Do you stay awake at night worrying about your rental property? Do you phone your Property Manager and never receive a call back? Do you find out too late that once again, there is no money in your account? Do you need care and attention for your most valuable investment? If you have answered ‘Yes’ to any of…
I have been amazed at the low expectation of Landlords in regards to the process undertaken by their previous Property Managers when new tenants are approved to live in their house. At Astute Realty , based at Hope Island, we make sure the 9 page Entry Condition Report is completed in detail along with approximately…
This week Astute Realty – Hope Island, is honoured to announce that we are sponsors of the Monthly Medal at the Links Hope Island (Hope Island Resort – Golf Club). We have been proud residents of Hope Island for many years, as well as equity members of the club, as such we are dedicated to…
Confidence is returning to the Australian housing market, with a survey finding 38% of people expect house prices to rise in the next six months and 51% expect them to rise over the next year. Last October, when the previous housing market sentiment survey was conducted by RP Data and Nine Rewards, only 33%or respondents…