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Consumer sentiment slips lower
The Westpac–Melbourne Institute Consumer Sentiment Index slipped 1.7% lower to 92.9 in January from 94.5 in December.
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NZ First Impressions: NZIER survey of business opinion, December quarter 2025
Business confidence rose strongly towards the end of last year, with more evidence of a sustained pickup in activity.
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Monthly household spending indicator: Another bumper lift
November household spending indicator: 1.0%mth, 6.3%yr.
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Australian dollar takes a breather after a solid start to 2026
We've only bedded down one full week of trading in the new year, but it feels like we've had to process a year's worth of consequential news already; most obviously the toppling of Venezuelan President Maduro, unrest in Iran and threats to Greenland's territorial integrity. There's been no let-up today, with Fed Chair Powell announcing that the Fed has been served a grand jury subpoena threatening criminal indictment. The week ahead should be no less lively when it comes to geopolitics, ongoing threats to Fed independence and the data flow. The week ahead is headlined by US Dec CPI and locally, the first read on consumer sentiment in the new year.
January 12 2026
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