Wrecking ball: Miley Cyrus and Liam Hemsworth call off their engagement

Actor Liam Hemsworth, left, an honoree at the Australians in Film 8th Annual Breakthrough Awards, poses with his fiance Miley Cyrus on the red carpet in Los Angeles, June 27, 2012. (Chris Pizzello / Invision)

NEW YORK -- A wrecking ball has hit Miley Cyrus and Liam Hemsworth's relationship.

Representatives for both celebrities confirmed Monday that the couple have called off their engagement.

The 23-year-old Hemsworth proposed to 20-year-old Cyrus last year. They met on the set of the 2010 movie "The Last Song."

Cyrus, whose hits include "We Can't Stop" and "Wrecking Ball," will release a new album called "Bangerz" on Oct. 8. Australian-born Hemsworth was one of the stars of "The Hunger Games." He will appear in the sequel, "The Hunger Games: Catching Fire," that will be in theatres on Nov. 22.

Their breakup was first reported by People magazine.