First-home buyers face new challenge

HOUSING affordability for first-home buyers worsened at the fastest rate on record during the last three months of last year

UDPATE: Macquarie Countrywide Swings To 1H Profit – Wall Street Journal

SYDNEY (Dow Jones)–Macquarie Countrywide Trust (MCW.AU) said Friday it has swung to a first half profit and stopped actively marketing assets after it accumulated A$2.3 billion from divestments in the last two years to relieve a heavy debt burden …