ASX:WES News 12 January 2026 - 7 February 2026

Wesfarmers closed up 0.9% at A$82.99 Thursday, outperforming the broader S&P/ASX 200, which rose 0.47%. Commonwealth Bank data showed household spending rose 0.7% in December and 6.3% over the year. The Reserve Bank of Australia’s next rate decision is set for Feb 3, with Wesfarmers’ half-year results due Feb 19. No new company updates were issued Thursday.

Sydney, Jan 12, 2026, 17:42 AEDT — Market closed. Wesfarmers Limited shares climbed 1.44%, closing Monday at A$82.23. The stock fluctuated between A$81.23 and A$82.40 during the session, after kicking off at A$81.24. Roughly 1.08 million shares traded hands. (Investing.com) This shift is significant since the next phase for major retailers hinges more on data from Canberra than on store updates. A recent boost in household spending fuels the “soft landing” narrative, despite persistent inflation pressures. For Wesfarmers, increased consumer spending signals a boost for sales across its retail-focused portfolio. Yet, the same figures also bolster arguments for raising interest