Sydney, January 27, 2026, 17:43 AEDT — The market has closed.
- Wesfarmers outperformed the broader market, closing 2.34% higher at A$84.74.
- With no new company news, traders shifted focus to Wednesday’s inflation figures and the February earnings schedule.
- Upcoming triggers: ABS CPI data due Jan. 28, followed by Wesfarmers’ half-year earnings on Feb. 19.
Wesfarmers Ltd shares climbed 2.34%, closing at A$84.74 on Tuesday. The jump outpaced the broader Australian market as investors came back from the long weekend and adjusted positions ahead of crucial inflation figures. 1
This move is significant, with a packed 24 hours ahead. Australia’s consumer price index lands Wednesday at 11:30 a.m. AEDT and serves as the key data point for short-term rate expectations. 2
Wesfarmers, which owns Bunnings, Kmart, Target, and Officeworks, is especially sensitive to changes in interest-rate expectations. Such shifts tend to ripple through forecasts for household spending and profit margins, especially in discretionary sectors.
The benchmark S&P/ASX 200 rose 0.9% on Tuesday, buoyed by broad gains that extended beyond the resource stocks grabbing headlines. 3
Wesfarmers hasn’t released any fresh ASX announcements since January 19, when it outlined the schedule for its 2026 half-year results. 1
Macro signals came through mixed. A National Australia Bank survey out Tuesday revealed better business conditions in December, with sales and profits on the rise and capacity utilisation remaining elevated — factors likely to keep central banks cautious. “Momentum improved in the Australian economy in the fourth quarter,” said NAB’s chief economist Sally Auld. 4
That said, the interest rate angle presents a double-edged sword for Wesfarmers. If CPI comes in hotter than expected, it could bolster arguments for tighter monetary policy, raising borrowing costs and putting pressure on discretionary spending right as retailers gear up for February earnings season.
Markets are gearing up for the ABS CPI report due Wednesday, followed by the Reserve Bank of Australia’s policy meeting set for Feb. 2–3. 2
Wesfarmers shareholders will be eyeing the half-year results due Feb. 19, which cover the period ending Dec. 31. Investors will pay close attention to management’s remarks for any shifts in consumer demand. 5
