Sophie Falkiner and Tony Thomas have separated.

Sad news for the Australian media couple.

Television presenter Sophie Falkiner and Nova radio executive Tony Thomas have split after 16 years together.

Thomas and former Wheel of Fortune presenter Falkiner, who were married for 14 of those years, broke the news in a statement yesterday.

“With a heavy heart, CHIC Talent Management client Sophie Falkiner and radio executive Tony Thomas have announced their separation,” they said in a statement to news.com.au.

“The high profile couple have enjoyed a long and happy 14 years of marriage, but both feel that journey has now reached its end,” it said.

“The couple are now focused on their two young children and they thank close family and friends for all of the support and kindness in recent times.

“They have asked that their privacy be respected as they work their way through this difficult period.”

Falkiner, Thomas and their children Isabelle, 10, and Jack, six, just returned from a family holiday in Hawaii a month ago.

In a series of Instagram photos from that trip, the couple and their kids were pictured boating and playing on the beach.

Love these relaxed family snaps from our last night sailing in Hawaii. Back to reality now!

A photo posted by Sophie Falkiner (@sophie_falkiner) on Oct 1, 2015 at 1:22pm PDT

Last week, 41-year-old Falkiner attended the Melbourne Cup with some girlfriends, posting a series of girly Instagram selfies – in which Thomas was nowhere to be seen.

We wish Falkiner and Thomas all the best.

Sophie Falkiner’s Instagram: