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
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.
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.