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Hi, over there. He Monday, August 1st, and you’re reading The Loop, today’s news summary. One thing to know: Australian house prices are falling, and fast A new report from analytics firm CoreLogic has found that house prices in Australia are down at the fastest pace since the global financial crisis in 2008 and market conditions are “likely to worsen” as interest rates continue to rise. Data showed the country’s median property value fell 2 percent since early May to $747,182 (including homes and apartments). But the numbers vary depending on the location, so here’s a breakdown of what’s happening in the big cities: Property prices in Sydney, Melbourne and Hobart fell sharply in July. ( Core Logic ) Economists expect Australian house prices to fall between 12 and 20 percent after recently hitting record highs. Today we heard a lot about China’s influence in the Solomon Islands Big investigation by Four Corners has revealed details of...

Two days after his sponsors Jumbo-Visma’s dominance in the Tour de France and on the day Marianne Vos will wear the Tour de France Femme yellow jersey for the first time, Cervelo has finally and officially announced his new flagship special aero. racing bike, new S5. Although the entire Jumbo-Visma squad has been racing the new S5 so far this season, with both Van Aert and Vingegaard racing the green and yellow jersey to match the S5 on the Champs lysées, Cervelo has remained silent about the existence of the new frame. Today, Cervelo confirmed all the details, upgrades and adjustments to the new frame and specifications for the full four bike options. New secret Not only is Cervelo’s marketing department silent about its new bike, the bike’s engineers and designers are also making relatively low-key updates. The new S5 is a refinement of the previous iteration with a focus on making an already fast bike more user-friendly than an entirely new design. The adjustment...

The final test of the Tour de France 2022 has arrived. Forty kilometers against time, only humans and machines. They call it the truth race for a reason. Phase 20 of the time trial begins at Lacapele-Marival and ends at Rocamadour. It was an exciting and exhausting final time trial to decide on the yellow jersey once and for all before the arrival of the race in Paris. The 40km length is the length we’ve seen in Tour races against time in recent years and means we could see a big gap forming. A bad day can result in more than a minute lost. Most of the track is pretty flat before the two minor climbs in the last 5km, just to increase the pressure if the GC is still close. The Côte de Mags was the first, 1.6 km at 4.7%, before the final climb to the finish line. The Côte de l’Hospitalet is 1.5 km long with an average slope of 7.8%. With a Netflix camera in tow, ASO has designed this one for potential fireworks. Fingers crossed. Profile of the 20th stage of the Tour de...