Plunging home values break 40-year record
Higher interest rates, household debt and the erosion of savings since the pandemic have been blamed for the steepest plunge in home values since at least 1980.
Higher interest rates, household debt and the erosion of savings since the pandemic have been blamed for the steepest plunge in home values since at least 1980.
The housing market downturn has eclipsed previous records as interest rate hikes continue to erode borrowing power.
Wins for Jessica Pegula, Frances Tiafoe and Taylor Fritz have earned the USA the inaugural United Cup mixed teams' title in Sydney.
Wins for Jessica Pegula and Frances Tiafoe have given the USA a commanding 2-0 lead over Italy in the best-of-five United Cup final in Sydney.
Red-hot Jessica Pegula has beaten Martina Trevisan to give Team USA a 1-0 lead in the best-of-five-rubber United Cup final against Italy in Sydney.
South Africa have gone to tea at 1-46 in their second innings of the third Test at the SCG, leaving Australia needing nine wickets for an unlikely victory.
The Perth Scorchers have regained top spot on the BBL ladder with a thumping seven-wicket win over the Brisbane Heat at Optus Stadium.
Adelaide United have had a player sent off and conceded two own goals during their 4-0 loss A-League Men to Central Coast in Gosford.
The USA and Italy will clash for the inaugural United Cup title after scoring dominant semi-final wins in Sydney.
Australia have taken six South African wickets to stay in the contest at the rain-soaked SCG, but need another 14 on the final day to claim a 3-0 series win.
A leg injury has forced Spanish world No.1 Carlos Alcaraz out of this month's Australian Open, leaving Novak Djokovic an even hotter title favourite.
Brisbane have piled more pain on Melbourne Victory, snatching a 1-0 win over the battling A-League Men club courtesy of Jay O'Shea's deflected winner.
Prime Minister Anthony Albanese is among many offering congratulations and well wishes to Ash Barty after the retired tennis star revealed she is pregnant.
The last-placed Melbourne Stars have been sent in to bat by the Sydney Sixers in their Big Bash League clash at the MCG.
Matt Burton will remain with Canterbury until at least the end of 2027 after signing a multi-year contract extension.
Sydney Roosters utility Connor Watson has suffered a pre-season knee injury, leaving his entire 2023 campaign in the balance.
Australia's Alexei Popyrin has lost his quarter-final in Adelaide after a temper tantrum from Yoshihito Nishioka turned the match the Japanese player's way.
Jessica Pegula's upset of world No.1 Iga Swiatek and victory for Frances Tiafoe have given Team USA a commanding 2-0 United Cup semi-final lead over Poland.
Football Australia has handed down sanctions, including one life ban, to seven more fans involved in the unrest at December's A-League Men's Melbourne derby.
Rain has washed out day three of the third Test at the SCG, but Australia insist there is still hope for a 3-0 series whitewash over South Africa.
The former NSW police minister and federal opposition have attacked the Albanese government after a so-called ISIS bride was granted bail by a regional court.
Australian hope Thanasi Kokkinakis has been beaten in two tight sets by Italian world No.15 Jannik Sinner at the Adelaide International 1.
Steve Smith is at the top of his game but admits he's unsure how much longer he wants to represent Australia in Test cricket.
Helicopter evacuations continue from remote communities as Western Australia's worst flooding on record spreads across the vast Kimberley region.
Recently repatriated NSW woman Mariam Raad has been charged for allegedly willingly entering in Syria when it was controlled by terrorist group Islamic State.
Usman Khawaja's fifth century in 12 months has helped Australia to 4-475 at stumps on day two of the third Test against South Africa after rain hit the SCG.
About 3000 people in the town of Derby have been cut off by a once-in-a-century flooding event in Western Australia's Kimberley region.
Chinese utilities and a top steelmaker are allowed to resume importing Australian coal, the first since an unofficial ban was imposed in 2020.
The world's biggest smartphone company is investigating reports a software update is disabling some of its handsets in one Australian location.
Four car passengers have been killed in a crash with a ute near Shepparton in Victoria's far northeast, with the car driver also seriously injured.
Rain has denied BBL fans at North Sydney Oval the prospect of an exciting run chase, after Brisbane Heat raced to 6-147 off 13 overs against Sydney Sixers.