Articles by Tom Raynel
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National
Low-carb beers on the rise as brewing now 0.9% of GDP
Friday, 31 January 2025, 2:44pmNew Zealand’s brewing industry is going from strength to strength, with a new report revealing how low-carb beers are on...
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Business
The Body Shop NZ placed into voluntary administration
Wednesday, 22 January 2025, 11:47amCosmetic and beauty products retailer Body Shop NZ has been placed in voluntary administration, months after its UK parent...
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Business
Rise in holiday spending at end of 2024, electronic card data shows
Tuesday, 21 January 2025, 11:52amKiwis spent more in the final month of 2024 in positive news for retailers who were relying on it to meet their end-of-year...
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Business
Mortgage wars: Another major bank cuts home loan rates as competition heats up
Friday, 17 January 2025, 10:30amASB has cut its 18-month fixed term loan rate to 5.39%, the lowest among major banks. All major banks now offer fixed term...
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Business
Major bank cuts key home loan rate
Thursday, 16 January 2025, 3:41pmWestpac has trimmed 20 basis points off its six-month special home loan rate, cutting it to 5.99% per annum - a rate matching...
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Business
Food prices rise in December, driven by dairy, fruit, cooking oil
Thursday, 16 January 2025, 1:01pmFood prices rose in December as spikes in the price of butter, standard 2-litre milk, and olive oil pushed grocery prices...
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Business
Employment confidence rises despite looming 5% unemployment rate forecast
Wednesday, 15 January 2025, 1:23pmEmployment confidence rose slightly in the December quarter, partially due to a rise in perceptions of job availability,...
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National
Petrol prices set to rise as foreign sanctions add economic pressure
Tuesday, 14 January 2025, 1:30pmPetrol prices across the country are set to rise off the back of US-Russia tensions and a weaker New Zealand dollar. Oil...
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Business
Butter price spike: 500g block hits $9.19 amid tighter global supply
Thursday, 9 January 2025, 3:17pmThe price of butter has topped $9 for a 500g block in some shops and one analyst is warning prices could stay high for months...
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National
Did Kiwis spend more on Boxing Day this year?
Friday, 27 December 2024, 1:32pmKiwis have spent big on Boxing Day sales across the country, although spending leading up to Christmas was down compared...
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Business
Woolworths’ rewards scheme announces new air points partnerships
Wednesday, 13 November 2024, 7:18amShoppers at Woolworths will soon be able to use its rewards scheme to buy airline points but it will require a hefty spend...
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Business
'Gut-wrenching': Newlyweds say caterer scammed them out of wedding deposits
Saturday, 12 October 2024, 10:51amPolice are making inquiries into several fraud allegations concerning Pukekohe-based catering company Logan’s Catering. Multiple...
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Business
Jetstar facing charges for allegedly misleading customers
Wednesday, 18 September 2024, 12:00pmThe Commerce Commission (ComCom) is set to file charges in the Auckland District Court against Jetstar under the Fair Trading...