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
Back in the black: Paper Plus returns to profit, renegotiates BNZ loans
Paper Plus reported a $218,000 profit, bouncing back from a $553,000 loss.
'Never too late to dream big': Tributes flow for Sir Michael Hill
Business leaders, community groups and the Prime Minister have shared their condolences.
Air NZ to support 20 regional events to boost domestic tourism
The Spectacle and Hamilton Arts Festival are the first events supported.
Sir Michael Hill dies aged 86
The founder of Michael Hill Jeweller had been undergoing cancer treatment.
'Excessive': Govt to ban card payment surcharges
The change will benefit those who shop in-store, rather than online.
Auckland bagel manufacturer in liquidation as $84k owed to IRD
Liquidators say a number of parties have indicated interest in buying the business.
Small Business: The Dunedin tech start-up taking on the world’s sport data
Jon Foote, founder of Axon Perform, talks to Tom Raynel about his sports data start-up.
Market close: Attention goes offshore as New Zealand sharemarket steady
NZX CEO Mark Peterson will resign in April 2026 after the annual meeting.
Hashed out: Proposed three-way cannabis company merger becomes two
Dr Waseem Alzaher cited cultural misalignment as a reason for withdrawing from the deal.
Market close: NZ sharemarket dips as F&P Healthcare, Infratil shares fall
The New Zealand sharemarket fell today as the country's biggest company fell in value.
Consumer NZ receives high number of complaints about Noel Leeming amid charges
The retailer has three million transactions a year but won't comment on complaint numbers.
Auckland debt collector fined $115.5k for misleading conduct
Campbell called credit default threats his 'greatest tool' against debtors.
Market close: Healthcare giants drive positive day on NZ sharemarket
The NZ sharemarket rose today after strong days from Fisher & Paykel Healthcare and Ebos.
AI adoption lags in Kiwi SMEs despite positive impacts, survey reveals
Gen Z leads AI adoption, with 93% using tools, compared with 17% of Boomers.
Small Business: Giving furry family members a final farewell with Sunset Vet Care
Kylie Kim talks to Tom Raynel about her at-home pet euthanasia business.
Nick Mowbray's vision for cut-price homes - and when company could launch
Zuru has invested more in this venture than its consumer goods division.
Market close: Fisher & Paykel up as NZ sharemarket closes strongly
The NZ sharemarket rallied today as key weighted stocks had strong performances.
Small businesses concerned over access to new investment boost policy
The policy was a major announcement in this year's Budget.
'Deserves a second chance': New Zealand firm revives East Imperial
The new manufacturer is a family-owned business which makes many other popular drinks.
On The Up: Speak eyes $4t market with personalised shopping tech
Speak plans to expand into Australia and the US, targeting skincare and supplements.
Company that lends flexible line of credit for divorce proceedings launches in NZ
Aussie lender JustFund aims to bring over 100 Kiwi law firms on board by the end of 2025.
Push Gummies halts sales amid creatine content controversy
A British fitness influencer has questioned the level of creatine in the product.
Market close: NZ shares flat as Australian regulator clears path for Fonterra consumer sale
The NZ sharemarket was steady, while the Nasdaq hit another record high in the US.
Market close: NZ sharemarket dips as Reserve Bank holds OCR steady
The S&P/NZX 50 Index closed down 0.7% as the Official Cash Rate stayed at 3.25%.
On The Up: Freeze-dried food maker aims for major growth with Rebel Sport, Foodstuffs deals
Founder Mike Rudling envisions Radix as a global leader in personalised nutrition.
Kiwi beverage maker leaves $7m in unpaid debts
Liquidators recovered $370,646 from assets, but many creditors remain unpaid.
On The Up: From fishing shows to first aid - Parachute First Aid's unique journey
Kate Mounter on her first aid kit business Parachute First Aid.
'Give it a second chance': Ruby's recycled clothing venture takes off
Miller-Sharma aiming for 25% of revenue from non-new clothing by 2030.
Market close: Tourism Holdings drops as NZ sharemarket ends week on high
The NZ sharemarket bounced back as large-cap stocks balanced gains and losses.
Foodstuffs to open $73m Pt Chevalier store early after Vic Park fire
Foodstuffs' Pt Chevalier store will open on August 19, earlier than planned.
Tourism Holdings forecasts lower profit amid US market challenges
The business says it may need to make a goodwill impairment on its US assets.
Market close: NZ sharemarket down while Kiwi Property Group secures key renewal
Large-cap stocks Ryman Healthcare and Kiwi Property Group produce strong rally.
Woolworths mistakenly tells 500,000 members they will receive a gift voucher
The supermarket chain has revoked the special offer and apologised for any confusion.
‘We absolutely got this wrong and we're sorry’: The Warehouse responds to ad criticism
The Advertising Standards Authority ruled the advert could cause 'serious offence'.
New heights: Skyline Enterprises' pre-tax profit doubles to $61m
The business' operations in Queenstown have reached new heights, but its casino is down.
The Warehouse downgrades earnings forecast to include a worst-case $5m loss
A warmer start to the winter season is impacting sales of blankets, heaters and apparel.
Plumbing World parent reports $8.2m loss as construction downturn hits revenue
It's the second loss in a row for the business after posting a $6.37m loss in 2024.
Why Crane Brothers is doubling down on CBD despite retail challenges
Crane believes strong retail can thrive in diverse environments like High St and Ponsonby.
Small Business: Kiwi pickle brand processes 100 tonnes as business booms
Reuben Alderson talks to Tom Raynel about his small artisan foods business Alderson's.
On The Up: How a Kiwi family built a tool empire from $10k and a vision
The Giles family remains deeply involved, with Graeme's son and nephew in key roles.
Global beauty giant boosts NZ operations with new $6m South Auckland distribution centre
L’Oréal’s NZ sales hit $180m in 2024, commanding 26% of the beauty market.
Consumer confidence rises as lower mortgage rates boost optimism
A fifth of Kiwis expect to be better off this time next year, up by eight points.
Market close: Fonterra leads NZ sharemarket rise
The NZX 50 rose by 0.15% to 12,480.05 as Fonterra performed strongly.
Market close: NZ sharemarket flat despite export growth, Fletcher Building down again
The NZ sharemarket dipped as Fletcher Building shares fell further.
Ikea to hire 500 staff for NZ launch, 100 more than planned
Employees get five weeks paid leave as well as a 15% discount at the store.
On The Up: A royal new venture with King Bees Honey
Cate and Mike King talk to Tom Raynel about their new business King Bees Honey.
'The way of the future': How delivery apps are redefining supermarket shopping
Supermarkets like FreshChoice Epsom now stay open until 9pm for online orders.
Market close: GDP beats forecasts but NZ sharemarket dips
The New Zealand sharemarket was flat today, with the NZX50 falling by 58.27 points.
Market close: Geopolitical tensions keep NZ market flat, US Fed decision looms
The S&P/NZX 50 Index closed down 0.10%, falling to 12,627.32.
Hansells owes $10m to staff, ANZ, IRD and company linked to the Hart family
Company linked to Graeme Hart bought company after it went into receivership.
Asahi’s zombie company: The Better Drinks Co posts 10th consecutive loss
The company made another multimillion-dollar loss as Asahi struggles to keep it afloat.
Hart family business acquires Hansells Masterton out of receivership
Walter & Wild, the new owner, initially placed Hansells into receivership.
Small Business: Weaving culture and quality with Nodi Rugs
Olivia Moon talks to Tom Raynel about her hand-woven rug business Nodi.
'Pretty positive': Fieldays vendors thrive as farmers invest
Farmers flocked to Fieldays, boosted by high milk and red meat prices.
Market close: NZ sharemarket flat as tensions rise over potential Iran strike
The S&P/NZX 50 closed up 0.34% today after a spike in oil prices globally.
Cautious spending: Card data shows dip in retail sales for May
Economist Satish Ranchhod says retail spending likely to remain 'soft for a while'.
100% Pure New Zealand campaign gets $5.5m relaunch
The new campaign replaces the If You Seek campaign which has run since 2022.
Market close: Fletcher Building shares rise as NZ market gains momentum
There were 60 gainers on the main board and 60 decliners today.
Another major bank cuts mortgage and deposit rates in NZ
But it isn't matching other banks which are offering 4.89% over 18 months.
On The Up: Former Olympic swimmer dives into business with waste venture
PortaSkip provides mobile skip bins for easy rubbish removal in Hawke’s Bay.
NZ manufacturers record strongest quarter in seven years
The only sector to report a decline in revenue was clothing, footwear and accessories.
Market close: Property companies help boost NZ sharemarket
Ryman Healthcare, Argosy Property and Goodman all recorded share price rises.
Supermarket crackdown: Grocery code shake-up gets mixed reaction from industry players
One says it'll bring transparency while another questions if it has the right balance.
The Kiwi entrepreneur transforming period care with Uber's support
Last year’s winner, Suraya O’Brien, scaled her business with a prize of almost $54,000.
International tourism hits $12.2b, still 14% below pre-Covid levels
Visitor numbers to NZ rose 4.3% to 3.32 million, which is 86% of pre-pandemic levels.
On The Up: How a family-owned Kiwi firm quietly conquered the cleaning market
Barry Robertson, founder of Quantum Pacific, shared his father still works on the floor.
On The Up: Small Business - Giftbox Boutique’s journey from garage start-up to pandemic success
Katie Gray talks to Tom Raynel about her small business Giftbox Boutique.
'Pretty special': Sistema founder's surprise at receiving knighthood
Plus: Several other prominent business people have been honoured.
New retailer The Outlet set to open next week
The Outlet opens on June 3 online and in store, offering off-price retail.
Craft beer firesale: ASB recovers funds, but other creditors face $1.4m loss
Deep Creek liquidators investigate debtor balances amid big shortfall for creditors.
Consumer confidence drops in May, five-year-ahead economic outlook measure plummets
Consumer confidence fell five points in May to 92.9, says ANZ-Roy Morgan survey.
2 Cheap Cars profit drops 47% amid economic downturn
Revenue fell by 6% as the business faced pressure from several market factors.
Market close: NZ sharemarket falls as major Ebos Group shareholder sells stake
Sybos Holdings sold about 27 million shares in Ebos Group at $35.50 a share.
‘Retail is detail’: New Warehouse CEO shares his vision
Mark Stirton aims to enhance store merchandising and customer experience.
Market close: NZ sharemarket drops 1.75% as Fisher & Paykel forecast weighs on market
Results from Fisher & Paykel Healthcare and Infratil dragged the market down.
NZ's largest cannabis firms propose merger amid industry challenges
Three major NZ cannabis firms plan to merge into Helius Health by June.
Warehouse Group appoints new CEO, chair Dame Joan Withers cites year-long interview
The Warehouse Group hires from within after comprehensive search for new CEO.
Small Business: Service with a smooch at Purrs & Beans
Faith-Ashleigh Wong and Shane O'Higgins talk to Tom Raynel about cats and coffee.
Regional revival as retail activity rises 0.8% across the March quarter
Almost all industries had their activity rise, although hardware did decline.
KiwiSaver changes 'a burden' for small businesses and self-employed
Wonky Box's Angus Simms says KiwiSaver changes will affect cashflow.