Tom Raynel
Multimedia Business Reporter
Tom Raynel is a Multimedia Business Reporter for the New Zealand Herald. He joined the Herald in 2024.
Tom is early in his journalism career. After finishing his political science studies at the University of Waikato, he worked at TechDay, where he covered new technology products, interviews and financial results for various sectors. He then provided freelance work to BusinessDesk, where he covered financial results, markets, court and liquidations. You can contact Tom at tom.raynel@nzme.co.nz
Check out Tom’s latest content
Market close: Spark shares dive nearly 19% pulling sharemarket down
The benchmark NZX50 fell nearly 1%.
Kmart and Bunnings' parent company posts profit growth
Wesfarmers leadership say they are confident the New Zealand segment will perform.
Look Sharp fined almost $300k for misleading pricing
Look Sharp had frequent and widespread pricing errors over a substantial period.
Turners upgrades profit guidance, set for fifth record result
The business aims to achieve its fifth consecutive record result amid a tough economy.
Bank moves on interest rate cuts ahead of OCR decision
The move comes ahead of a potential rate cut tomorrow from the Reserve Bank.
Man falsely claimed Covid relief money - twice
The Auckland man used the relief money for personal items and gambling.
Service remains king as food delivery app interest declines
Just 40% of New Zealanders prefer the use of QR codes on menus over traditional methods.
Small Business: Turning up the heat with Apostle Hot Sauce
Mathew Watkins talks to Tom Raynel about Apostle Hot Sauce and its unique flavours.
Monthly food price rise biggest since 2022
Food prices across all categories rose, with grocery prices up 3% in the month.
Spotlight told to halt using ‘Biggest Sale Ever’ over false advertising ruling
The store claimed it was its 'Biggest Sale Ever'. The ASA disagreed.
Low-carb wars: How the big breweries are tapping into the diet market
New Zealand's biggest breweries are chasing the next big beer market: Low-carb.
Retail spending off to slow start in 2025
Spending in the retail industries over January fell by 1.6%.
FTN Motion reveals new upgraded electric motorbike
The new electric motorbike can reach speeds of 80km/h and has an estimated range of 140km.
Kiwi summer spending lifts as cultural habits change
The data from Kiwibank shows Kiwis spent more on experiences than retail products.
JB Hi-Fi beats odds with big ticket retail growth
Despite other retailers struggling with big-ticket sales, JB Hi-Fi has performed well.
How Perchspace wants to build the remote working industry
Sean Foster talks to Tom Raynel about his co-working space platform Perchspace.
Savor Group confirms new Britomart lease
Rumours brewed about what happened to MoVida and Bar Non-Solo; we now have confirmation.
'Unacceptable': Chelsea Sugar fined almost $150k for selling 971 tonnes of lead-contaminated sugar
NZ Food Safety deputy director-general said that offending of this scale was rare.
Simplicity Living to build 264 homes in Morningside build-to-rent development
The project is scheduled to begin development later this year.
New Zealand in a seller’s market as business sales rise
It's the first time the market has been seller-driven since ABC's reporting began in 2020.
Former SPQR owner declared bankrupt
The business owes more than $2 million to Inland Revenue, ANZ and other creditors.
Costco New Zealand boosts revenue to $361 million
After reporting a loss of over $20m last year, Costco has almost fully bounced back.
Woolworths announces replacement for NZ director
Sally Copland comes from Masterton but has been with the Woolworths Group for 18 years.
Briscoe Group warns of challenging 2025 as it reports flat result
Briscoes has revealed an uptick in the fourth quarter of 2024 but warning signs are ahead.
Is manufacturing finally firing up again?
Small and medium-sized firms more optimistic now than they were just before the New Year.
How Henna Hair is taking hair treatments back to the future
Brent Gibson talks to Tom Raynel about his natural hair care business Henna Hair.
Low-carb beers on the rise as brewing now 0.9% of GDP
Over half of all breweries are now also involved in tourism as the sector keeps growing.
Big-ticket items a no-go as consumer confidence falls
More Kiwis now think it's a bad time to buy a major household item in bad news for retail.
Kiwi period care brand AWWA acquired by North American giant
Somedays is the North American leader in natural period pain relief products.
Lockdown idea leads to NZ-made jeans with Japanese twist
A lockdown idea led to a high-quality jeans dream.
Michael Hill sales down as NZ stores underperform
Canada and Australia performed well over the first half of the financial year, NZ did not.
Top NZ supermarket boss announces shock departure
Spencer Sonn has been in charge of Woolworths' NZ operations since 2021.
The Body Shop NZ placed into voluntary administration
It follows its parent company's placement into administration in late 2024.
Former Landwork Civil directors left country after withdrawing company funds
Liquidators have revealed new insights into the former directors of Landwork Civil.
Rise in holiday spending at end of 2024, electronic card data shows
New data from Stats NZ shows spending in retail performed strongly during December sales.
NZ productivity crisis blamed on brain drain, dismal pay prospects
We're just not ambitious enough, recruitment firm says.
How artradie is connecting Kiwis with New Zealand artists
Mei Hill talks to Tom Raynel about artradie and its marketplace, created by artists.
Inflationary pressure easing despite food price growth
Westpac senior economist Satish Ranchhod says inflationary pressures are easing.
Major bank cuts key home loan rate
One of New Zealand's major banks has moved early to cut home loan rates.
Food prices rise in December, driven by dairy, fruit, cooking oil
Non-alcoholic drinks and tobacco registered the biggest annual price increases.
Kennards Hire optimistic on post-recession outlook as inquiries grow
Kennards Hire is seeing inquiries grow for equipment, as its competitor reported a loss.
Employment confidence rises despite looming 5% unemployment rate forecast
Job market may have stabilised despite concerns over jitters.
Petrol prices set to rise as foreign sanctions, weak NZ dollar bite
Sanctions on Russia's energy industry could influence local petrol prices.
Consumer spending growth in 2024 the lowest in five years
Worldline's Bruce Proffit said adjustments to household budgets were a key driver.
BNZ licks wounds after organic grocer’s demise
The liquidators have revealed the organic grocer owes over $1 million to BNZ.
Make your own jewellery with the Jewellers Collective
Chris and Lee-Anne Minturn talk to Tom Raynel about the Jewellers Collective.
Briscoe Group profit downgrade a warning sign for retail, analysts say
Consumer confidence and spending patterns could be entrenched, one analyst said.
Briscoe Group downgrades profit prediction after slow holiday sales
Rod Duke says it was a challenging time, but he's still optimistic.
Market close: Dip for NZ sharemarket
The New Zealand stock exchange reported a decline as overseas markets led the way.
Vivace Restaurant has multiple buyers interested
Vivace had been running for 33 years in Auckland's CBD.
NZ butter price spike: 500g block hits $9.19
We're a dairy giant, so why is butter so expensive?
Kiwis making big waves across the ditch: NZ’s top expats in Oz
As more Kiwis head to Australian shores, our successful expats show how far we can go.
Market close: NZ sharemarket remains quiet in flat day
The New Zealand share market had a slight bump.
More than $300k of Baby City gift cards and loyalty points now worthless
The business has been sold to a new owner and four stores remain trading.
Popular restaurants Bar Non Solo and MoVida have closed their doors
Savor Group CEO Lucien Law reveals the group's new plans.
Woolworths seeks to acquire food manufacturer Beak and Johnston
Beak & Johnston make ready-made products such as soups and frozen meals.
Woolworths’ Spencer Sonn on why the cost-of-living crisis isn’t over yet
Woolworths NZ managing director Spencer Sonn takes on the Herald's summer questions.
Freight-challenger Roof Space adds modern industry twist
Jack Dustin talks to Tom Raynel about Roof Space and how it's shaking up the courier game.
Summer questions: ‘There is not one single lever’ - Ronald McDonald House NZ boss Wayne Howett
Wayne Howett talks positives, challenges and the approaching year.
Soft skills key: Expert predicts job market trends for 2025
Soft skills are increasingly in demand as artificial intelligence takes over hard skills.
'Coffers lighter than usual': Newmarket Business Association boss Mark Knoff-Thomas
Newmarket Business Association CEO Mark Knoff-Thomas takes part in our Summer Questions.
How Noa Blankets Co warm you up with cultural storytelling
Josh Te Kani talks to Tom Raynel about Noa Blankets and how its Māori designs are made.
Retail row: Boxing Day spending up but December down
Worldline's latest data has revealed how Kiwis spent on Boxing Day this year.
Did Kiwis spend more on Boxing Day this year?
According to the latest data from Worldline, Kiwis spent big this holiday season.
Legislation, losers and lessons: Andrew Bayly’s 2024
Minister Andrew Bayly sat down with Tom Raynel to discuss his 2024, and what comes next.
Small Business: Weaving connections with Borneo Bags
Jacky McLaren talks to Tom Raynel about Borneo Bags and how it supports workers overseas.
Retailers' Christmas wish: Staying alive in 2025
Christmas sales will be critical to retailers' survival as 2025 shapes up as a challenge.
Tourism and hospitality get research funding as Holidays Act resets
The Government has committed funding to the sector in an effort to support future plans.
'Just do it': Founder on launching jewellery brand during Covid
Alena Hu talks to Tom Raynel about starting Bare Jewellery with no experience.
Electronic card data: Spending steady even as holiday sales start
New data from Stats NZ shows spending in retail steady during November.
Shoppers get their wallets out in the first week of December
Spending grew in the first seven days of December, more than the week of Black Friday.
Hallenstein Glasson’s early FY25 trading up, but NZ retail still challenging
Hallenstein Glasson shared its first results for FY25, and Australia is performing well.
Sustainable Foods owes the government $1.4m as potential buyer locked in
Sustainable Foods went into liquidation in August, now it owes the Crown $1.4 million.
Small businesses share predictions for Christmas spending
Holiday park's reservations might be a sign of slightly sunnier outlook.
Small Business: Roady is streamlining your summer road trip
Roscoe Price Moor talks to Tom Raynel about Roady and how it's transforming tourism.
Inside look: Air New Zealand's 'world-first' Dreamliner retrofit
New seats, bigger screens and legroom plus a luxury business premier option.
Silver is the new gold for Kiwi asset investment platform Goldie
Investment platform Goldie is expanding into silver as it seeks to add new assets.
Matakohe Architecture shares how it uses kaupapa Māori
Jade Kake talks to Tom Raynel about how kaupapa Māori influences Matakohe's designs.
Consumer advocates caution Kiwis over Black Friday sales
How to check whether you are getting a bargain.
Payments company Wise says Kiwi SMEs are held back by foreign exchange fees
Wise is calling for changes to transparency around foreign exchange fees.