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
Small Business: How Otto is gamifying savings to encourage financial habits
Tomas van Ammers talks to Tom Raynel about his saving start-up, Otto.
Expansion on the menu for Wendy’s New Zealand’s new US owner
Greg Flynn is the CEO of Flynn Group, one of the largest franchise operators globally.
Market close: NZ sharemarket up but Pacific Edge waits for coverage confirmation
The NZ sharemarket had risen 0.51% after trading today.
Ngāti Kahungunu buys Carterton retail properties from local family
The iwi's purchase follows a $115 million Treaty settlement in 2021.
Woolworths Te Atatū closing today, half the 55 staff to relocate
Staff will give treats to customers and have a catered dinner to mark the closure.
$5m expansion planned for NZ's historic Tuakau Hotel
The hotel has been in the Tuakau community for 150 years.
How Air NZ navigated crises to finally unveil Dreamliner retrofit
Air NZ's 787 retrofits cost $35m each at S.T. Engineering in Singapore.
Hansells director on what drove his company into receivership
Hansells has entered receivership after failing to meet a $1 million loan repayment.
On The Up: Duo turning harakeke waste into carbon-fibre alternative
Ben and William started the project while at university, turning into a global opportunity
On The Up: How Caresies found a gap in the childcare market
Mark Hudson talks to Tom Raynel about his small business Caresies, a nanny hiring service.
Red alert: What will it take to turn around The Warehouse?
Analysts describe the challenges ahead for NZ's largest retailer.
Market close: NZ sharemarket rises despite a down day on Wall Street
An update from Tourism Holdings and quarterly inflation figures have driven movement.
Former Heartland Bank accountant sentenced for insider trading offences
The former accountant was sentenced to six months' home detention.
'No lessening of competition': Woolworths' acquisition gets green light
It follows Australian Competition and Consumer Commission’s similar decision on April 9.
Tourism Holdings to be ‘significantly under’ full-year profit projections
Tourism Holdings expects 2025 profit to be well below $45.2 million forecast.
BNZ fixed loan rate falls to 4.95% as major banks trim mortgage rates
Special rates are being offered under 5% after the OCR dropped 25 basis points.
Food prices jump 3.5% in March
Grocery prices increased 0.9%, with chocolate and yoghurt leading the rise.
Card spending falls by 0.8% in March, Stats NZ data reveal
Spending on durables, fuel and hospitality were all down.
Small Business: Southern charm with the Crafty Weka Bar
David and Claire have been in business together since they were 20.
Costco partners with DoorDash for home delivery, no membership needed
Both existing Costco members and non-members will be able to order via DoorDash.
Hart family business tips Hansells Masterton into receivership
Hansells Masterton is a contract manufacturer which also owns the Horley’s brand.
'Absolutely immiserating': Thousands of Woolworths workers could see pay cut under restructure, union claims
The company says the changes will improve its customers' shopping experience.
Uber Eats NZ launches green packaging guide for restaurants
It features a unique traffic light system which will rank partners on their packaging.
'Tariff wars miss the point': Zuru co-founder Nick Mowbray criticises US tariff plan
Zuru has factories in China, which is in line for a US tariff of 104%.
‘Super exciting’: Accor eyes growth with NZ convention centre boost
He manages Accor’s core hotels in 48 countries, including 1300 hotels.
On The Up: He sold pine cones at 7 - now entrepreneur eyes $1b turnover
Sam Bridgewater co-founded The Pure Food Co.
Small Business: Reigniting the need for breakfast with Fuller
Dane Fuller talks to Tom Raynel about his small business, Fuller Overnight Oats.
Kiwi business buys local arm of boat-share service Skipperi from Finnish parent
The boat-share service was acquired for an undisclosed figure.
Auckland scaffolding company director sentenced to home detention for $558k tax fraud
The woman was ordered to pay reparations of $13,000, albeit at $50 per week.
The Body Shop NZ owes $12 million, mall landlords among creditors
$147k was owed to employees, but all were paid during administration.
Failed buy-now-pay-later operator Laybuy relaunches under new owner
Laybuy went into receivership last year.
Small Business: Hammer time with Nailed it Nutrition
Jack Carrick talks to Tom Raynel about his supplement business Nailed It Nutrition.
Lion Brewery unveils one of NZ’s largest solar arrays
The solar array will supply 14.4% of the brewery's electricity.
Mobil introduces renewable diesel made partly with vegetable oil
The diesel is only available to one commercial user so far.
Hallensteins profit hit by tough NZ market
The wider business reported an increase in sales of 7.7% for the first half.
Jeanswest parent company enters administration, hundreds of Australian jobs at risk
But the New Zealand arm is not in administration.
Kathmandu owner posts $20m half-year loss
Kathmandu's sales grew 3% to $156.8m, improving over the last five quarters.
Torpedo7’s new owners reveal major shake-up for retailer
Some stores to be closed while others will be rebranded under new name.
‘The energy you don’t use’: Ikea’s green strategy for NZ launch
Karen Pflug emphasises collaboration to reduce waste and drive sustainability.
How Push Gummies are bringing creatine on command
Brittany Allan talks to Tom Raynel about her creatine supplement start-up Push Gummies.
Warehouse interim chief seeks more time as profits return to $11.8m
The Warehouse returned to profit with $11.8m, but revenue dropped to $1.6b.
Warehouse swings to first-half profit, but revenue falls
The Warehouse has announced its half-year results for the six months ended January 26.
‘More challenging than we feared’: What’s in store for The Warehouse’s half-year result
Analysts warn of tough year ahead and risk of no dividends.
Boutique Kiwi travel operator acquires Aussie rival
Beyond the Blue owner Steve Pleciak said the move was an opportunity to grow in Australia.
‘Natural fit’: Kiwi crypto firm snapped up by Australian giant
The merger creates Australasia’s second-largest crypto platform by trading volume.
$42m debt owed by major cherry grower in liquidation
Across the three registered companies, the business owes roughly $42 million.
Small Business: From corporate life to backyard flower farming
Marisa Vodanovich talks to Tom Raynel about her small business, Urban Floral Farmlet.
West Auckland supermarket shutting, staff futures uncertain
More than 50 staff are waiting to find out if they will be out of a job.
‘Very glib huckster’: Businessman jailed after breaching company ban
Aaron Coupe’s mismanagement caused over $8 million in losses globally.
Food price dip in February fuelled by fruit and veges but butter prices shoot up
Can't believe it's not cheaper butter? Price rise data revealed.
Workers 'anxious as hell' as Woolworths proposes major store restructure
One employee told the Herald staff hours could be cut in half and their hourly rate cut.
Former IRD tax agent gets 12 months home detention for tax fraud
He filed false tax returns, pocketing refunds in his own accounts.
Cocktail maker Black Pineapple’s catering arm goes into liquidation
Frankie Walker founded Black Pineapple in 2017 after leaving Lion Breweries.
Briscoes boss Rod Duke wants Government to ‘get their a** into gear’
Rod Duke hails achievement in a tough environment.
Retail spending has modest rise in February amid recovery
Electronic card data for the month of February shows Kiwis spent more in retail.
From sheep milk to wool pellets: Cozy Crops tackles wool waste
Wool holds moisture, improves soil structure and deters slugs and snails.
Auckland hotels get $5.2m boost from major summer events
The sector is facing the duelling impacts of an oversupply of rooms and reduced demand.
Market close: NZ sharemarket dips amid volatile US trading
The New Zealand sharemarket closed down but didn't fall as much as stocks in the US.
Michael Hill appoints interim CEO after leader’s sudden passing
Andrew Lowe joined Michael Hill's executive team back in 2017 as Chief Financial Officer.
Kiwi food tech firm expands reach with major Australian aged care deal
The Pure Food Co will supply up to 50,000 meals monthly to Regis Aged Care.
Market close: US tariffs big worry as NZ sharemarket falls
Fisher & Paykel Healthcare shares fell 1.21% to $33.47 amid tariff concerns.
A $75m investment: Jewellery giant’s arrival promises economic boost
The expansion to NZ follows a free-trade agreement with the UAE.
The Warehouse warns of 'significant uncertainty' in second half financial result
The retailer's sales dropped 1.6% to $1.607 billion in the first half of 2025.
T&G Global posts 128% profit growth despite $9.9m net loss
Apples the 'engine room for growth' for T&G Global.
The hotels with the highest usage of power, water and waste
Hotels in Nelson/Marlborough use over 250,000 litres of water annually per room.
Small Business: The mother-daughter combo making high-quality matcha
Tessa Stockdale talks to Tom Raynel about her business Nomu Matcha.
Online supermarket Paddock to Pantry expands to new location
Customers can choose to have their groceries delivered by NZ Post or by Urgent Couriers.
‘Incredibly proud’: Vista’s record revenue driven by box-office success, as CFO departs
Vista Group's revenue hit $150m in 2024, up 5% from 2023.
‘Not economic to pursue’: Major debts abandoned in East Imperial liquidation
Liquidators abandoned recovery from two overseas debtors in Europe and the Caribbean.
Government-backed export initiative signed to grow Kiwi food exports
Agriculture is NZ’s largest export industry, accounting for almost half of all goods.
Finger Lickin' Good: Restaurant Brands NZ profit spikes 60%
KFC’s record sales were driven by innovative products and viral marketing.
Michael Hill CEO dies after ‘adverse reaction to medical treatment’
Daniel Bracken was CEO of Michael Hill for seven years.
Woolworths NZ sales up as industrial action hampers Aussie result
Woolworths NZ rebranded 35 supermarkets from 'Countdown' to 'Woolworths' this half.
Third Mighty Ape CEO exits as tech upgrade hampers result
Technical issues from a website upgrade impacted Mighty Ape’s earnings.
Tourism Holdings reports revenue growth as profit declines
Tourism Holdings has revealed its half-year results, with a steep decline in profit.
Small Business: Protein shakes in a can?
Kelsi Boocock talks to Tom Raynel about her protein shake-in-a-can business Shnack.
New boat-sharing operator launches for Auckland boaties
Freedom Boat Club is one of the largest in the world. Now it's come to New Zealand.
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.