The 41-year-old woman died after she and her husband fought with two men who broke into their home in North Lakes, north of Brisbane.
Their doughters reportedly screamed for help as their parents tried to fend off the intruders. Emma Lovell was found dead at her home at about 11:30pm on Monday.
The woman and her husband, who was reportedly 43 years old, fought with the two men who had broken into their home.
According to the Australian Associated Press, she was fatally stabbed in the chest.
Her husband was taken to a nearby hospital with non-life threatening injuries.
The suspects fled the scene. According to Jay Balhatchet, who lives nearby, the two girls screamed for help as the intruders ran away.
A spokesperson for the Queensland Police said that four men had been assisting with their inquiries.
The police are also asking for anyone with information about the incident to come forward.