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The Loop: The latest on Indonesia's deadly soccer crush, Australian house prices fall again, and the next Met Gala theme

Hi there. It's Monday, October 3 and you're reading The Loop, a quick wrap-up of today's news.

Let's start here: Indonesia's deadly soccer crush

Authorities in Indonesia have confirmed 17 of the 125 spectators who died in a violent riot that erupted after a domestic soccer league match were children. 

Here's the latest on the situation:

  • 125 people have died, while more than 100 are receiving intensive treatment across eight hospitals, with some reported to be in a critical condition
  • Police had revised the death toll down from 174, but say it may rise again because of how many remain in a critical condition
  • The Arema soccer club has apologised to victims of the deadly stampede, with club president Gilang Widya Pramana stating he was ready to take full responsibility for the events
  • Indonesia's chief security minister Mahfud MD says the government will set up an independent commission to investigate how the stampede occurred

So what else can be done to stop events like this from occurring? We've got you covered.

We heard a lot about house prices

Let's get you up to speed:

  • Property prices are continuing to decline nationally as a result of higher interest rates, with capital city housing markets dropping by up to 6 per cent in the past three months
  • CoreLogic data shows that properties were sold for 1.4 per cent less on average nationally in September than they did in August
  • The only capital city that didn't experience a drop in house prices was Darwin, which has a median property value of just over $500,000
  • Sydney recorded the largest decline, contracting by 1.8 per cent — meaning its property market has shed 6.1 per cent in value in the past three months alone
  • And this decline in house prices could continue, pending tomorrow's interest rate decision by the Reserve Bank — with some economists tipping the cash rate could reach 2.85 per cent.

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What Australia has been searching for online

Let's keep the sport theme rolling, shall we?

  • Carlton. 24-year-old forward Harry McKay has signed a seven-year deal to stay with the Blues until at least the end of 2030.
  • Rugby League World Cup. Australia's named its Kangaroos World Cup squad but Clive Churchill medallist Dylan Edwards missed out on a spot — however, his fellow Panthers Nathan Cleary, Isaah Yeo and Liam Martin have been included.

One more thing

ICYMI over the long weekend (or you were just swept up in football fever) the Met Gala has unveiled its 2023 theme — Karl Lagerfeld.

The late German-born designer was the creative director of iconic fashion houses including Chanel, Fendi and his own eponymous label before his death in 2019.

The Met Gala's theme will borrow from the accompanying exhibit at the Met's Costume Institute, which will be entitled Karl Lagerfeld: A Line of Beauty and will be on display from May 5 to July 16, 2023.

That said, not everyone is thrilled at the theme choice, with actress Jameela Jamil among those highlighting moments of sexism, misogyny and fatphobia throughout his career.

As for the Met Gala itself, we'll see the interpretations play out on the first Monday in May next year.

You're up to date

We'll be back to do it all again tomorrow.

ABC/wires

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