Investor confidence is recovering, with Sharesies’ quarterly report showing its index fluctuating between 41-55, entering a "balanced" range as investors adopt more rational risk-reward stances. Diversification grows: ETFs and managed funds gain traction, lowering single-stock investments to 64% on average, with Smart US 500 ETF and Vanguard 500 Index Fund popular. Individual stock picks rebounded slightly at quarter-end (top five: Air NZ, NVIDIA, Tesla, Apple, Rocket Lab), but diversification trends persist.

Wellington shows early recovery signs, like rising Lambton Quay footfall. Auckland pins hopes on the CRL rail project, set to finish November 2026. Investors are adjusting strategies, while retailers may need innovative formats to revive vacant spaces.