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House prices fall; get ready for higher bread, milk, vege prices; LIV Golf collapse

Published April 30, 2026

Friday 1 May 2026

House prices in Sydney and Melbourne are going backwards, while momentum across the other capital cities is waning. 

  • Oil prices hit their highest level in four years, in bad news for motorists
  • Woolworths’ boss warns of higher prices for vegetables, bread and milk
  • Mega earnings results for Microsoft, Meta, Amazon and Alphabet
  • The break-away LIV Golf tournament is set to collapse as Saudi pulls its funding

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