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New data shows renters continue to struggle through competitive market conditions with Adelaide becoming the hardest city to find a rental in March. The State Government says its focused on improving housing supply, but people on the hunt for somewhere to live now say that can't come soon enough.
⏲ 1:51 👁 39.4M
'We have a plan to deal with it': Biden responds to unexpected third month of inflation riseSource Reuters
⏲ 0:56 👁 1.1M
Rents are soaring with the steepest quarterly gain recorded in 17 years, amid record migration. New data from Domain and PropTrack shows rents for houses and apartments continued to climb in the first few months of this year, while vacancy rates remain at record lows.
⏲ 1:22 👁 2.8M
Rob Isbitts, the founder of sungardeninvestment.com and etfyourself.com, joins “Forbes Talks” to discuss Q1 stock trends and offers advice to new investors.<br/><br/>0:00 Introduction<br/>0:23 Rob Explains Trends For Q1<br/>4:18 Future Of EFTs<br/>7:57 Stock Changes For A lot Of Major Companies: What Does It Mean?<br/>11:58 Interest Rates And Returns: Higher or Lower?<br/>14:21 Update On Dividend Stocks <br/>16:27 Are The Days Of 'Cheap' Gone<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 19:14 👁 67.4M
The federal government has announced 10 new uni study hubs for regional Victoria, Tasmania, Queensland, the NT, SA and WA.
⏲ 1:0 👁 4.7M
PH employment rate up; unemployment rate down 3.5%<br/>
⏲ 2:47 👁 710K
Staying small is working out big time for Shore Capital. Their average internal rate of return on its 14 exits, all in health care, is 53%, net of fees. That’s nearly triple the average net IRR of U.S. buyout funds raised since 2009, according to data from Cambridge Associates. After Shore took its 20% to 30% cut of profits, its exits multiplied investors’ money by 5.5 times on average, also nearly triple the average total value to paid-in capital multiple of U.S. buyout funds raised during that period. Shore has never unloaded a company for less than three times cost before fees, nor, it says, has it ever suffered a loss. “Those are top 1% returns in private equity,” marvels one investor who asked not to be identified, citing his organization’s press policy. “That’s rarefied air, right? That’s more like venture capital than a traditional buyout firm.”<br/><br/>Ishbia and his team have acquired more than 1,000 mom-and-pop shops across the country (average cost: $15 million) since Shore’s 2009 founding and rolled them up into 61 larger chains of things inclu­ding autism treatment clinics, bakeries and exterminators. “We’re buying businesses in Akron, Ohio, and Pittsburgh, and Birmingham, Alabama,” Ishbia says. “There’s more low-hanging fruit for me. It’s Joe Schmo on Main Street.”<br/><br/>Shore then invests in computer systems and equipment, stacks the businesses’ boards with industry veterans and hunts for complementary companies in adjacent markets. “We’re just buying and buying and buying,” says Ishbia, who insists Shore doesn’t take on as much debt as other private equity firms and doesn’t cut servi­ces or head count. “The private equity world gets a bad rap for ‘buy this, slash that.’ We are growth—we have almost 35,000 employees and hire thousands per year.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2024/04/08/this-main-street-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime-justin-ishbia/?sh=3140aa9e39ee<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 11:7 👁 340K
The Minneapolis City Council voted to delay the start of its rideshare ordinance to July 1st, and Uber and Lyft agreed to extend services until then. The ordinance would have required higher per-mile and per-minute rates, which Uber and Lyft threatened to leave the city over. The delay will allow for reconsidering a state-recommended lower per-mile rate while keeping the per-minute rate. Officials hope it gives more time for the city, companies, and stakeholders to find an acceptable solution.
⏲ 0:38 👁 300K
Investors have adjusted their expectations for Federal Reserve interest rate cuts to only two in 2024, down from the previously anticipated seven cuts. However, Wall Street strategists maintain that the resilience of the stock market suggests that these revised expectations for Fed policy will not hinder the ongoing rally in stocks. Strategists say the most important part of the Fed discussion remains that easing is still in the pipeline. Limited signs of high interest rates slowing corporate earnings or US economic growth have encouraged bulls. Consensus estimates are for earnings growth to pick up throughout 2024.
⏲ 0:39 👁 380K
Former President Donald Trump criticized Biden's handling of inflation, saying it has \
⏲ 0:40 👁 255K
Cases of child sexual assault increase by the hundreds from 2022 to 2023. Head of the Gender-based Violence Unit of the TTPS, Superintendent Clair Guy-Alleyne tells single mothers, not to feel \
⏲ 8:21 👁 235K
For a lot of people the dream of owning a home is becoming increasingly out of reach. High mortgage rates, soaring home prices, and low inventory are making homeownership a distant reality for many. Veuer’s Maria Mercedes Galuppo has the story.
⏲ 1:14 👁 12.1M
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