Tom Raynel

2 days ago | nzherald.co.nz | Tom Raynel

Beverage manufacturers have reported a strong first quarter, according to a new report from Unleashed. Manufacturers in almost every industry have reported a boost in revenue and profitability, according to a new report from inventory management software provider Unleashed. The average small-medium firm generated $310,000 of revenue from January 1 to March 31, 2025, an 80% improvement compared with the fourth quarter of 2024, according to Unleashed’s Manufacturing Health Index.

2 days ago | nzherald.co.nz | Tom Raynel

Property companies, including Argosy, Stride and Goodman, all recorded share price rises today. Photo / Mark MitchellThe New Zealand sharemarket was up today buoyed by a rise in property company share prices. The S&P/NZX 50 Index closed up 0.66% or 82.44 points, rising to 12,577.15, with 36,512,790 shares changing hands to the value of $156.4 million. The S&P/NZX 20 index closed at 7419.19, up 0.71%, while the S&P/NZX 10 index closed at 1900.50, up 0.5%.

2 days ago | nzherald.co.nz | Tom Raynel

Supermarket industry players have had a mixed response to the Commerce Commission’s plans to tighten the Grocery Supply Code, with one saying the changes will help “create a more transparent and equitable food system”, while another questioned whether the commission’s approach was balanced enough. The regulator announced this morning that it would update the code to include a number of new stipulations.

4 days ago | nzherald.co.nz | Tom Raynel

Suraya O’Brien, the founder of Flow Riders, a reusable period underwear company, won last year’s Uber Business Booster programme. Suraya O’Brien was working part-time delivering food in Hamilton when she came up with an idea for a small business. But it wasn’t until she took part in Uber’s Business Booster programme and won a A$50,000 ($53,800) prize that she was able to scale up her sewing skills into reusable period underwear company Flow Riders.

4 days ago | nzherald.co.nz | Tom Raynel

Prime Minister Christopher Luxon and Minister for Tourism Louise Upston attended Trenz earlier this year, as the international tourism business event aims to boost tourism growth. Spending by international tourists has jumped 9.2% in the last year to $12.2 billion but still remains below pre-Covid times, according to the latest International Visitor Survey.