Tom Raynel

1 day ago | nzherald.co.nz | Tom Raynel

Kiwi card spending was flat in April, according to new data from Stats NZ. Kiwi retail spending was flat in April, according to new Stats NZ data. Spending in the retail industries was unchanged in April 2025 compared with the month before, while spending in the core retail industries increased by 0.2% ($12 million). Consumables reported the largest rise month-on-month, with spending growing by 0.5% or $13m.

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

Redwoods Treewalk in Rotorua is set to expand with a new glow worm cave attraction as part of its night offering. Rotorua’s Redwoods Treewalk is set to have its biggest expansion in years with a brand new multimillion-dollar attraction due to open this year. Redwoods Glow worms, which is under construction, is a 70m artificial cave being built on location to house over 5000 native glow worms, all of which will be harvested from the local area.

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

DB Breweries has lowered its baseline carbon emissions by 55% since 2018, but consumer confidence is having an impact on the breweries' profit. Lower demand for alcohol from pubs and bars has hit DB Breweries in the pocket with its latest financials revealing a 73% drop in profit between 2023 and 2024. But managing director Matt Wilson believes while the market is feeling the effects of the wider economy, the success of its sustainability efforts is something to be proud of.

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

Reactory, founded by Mark Eltom, creates spirits and whiskeys in a fraction of the time of traditional beverages thanks to a unique technology. Mark Eltom, founder of Reactory, talks to Tom Raynel about building distilling technology in his basement, and how his technology impressed some of the industry’s biggest players.

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

Gentailers across the country had their share prices grow today as the NZ sharemarket rose. The New Zealand sharemarket closed up today with electricity gentailers leading the positive momentum. The S&P/NZX 50 Index closed up 1.11% or 138.04 points, rising to 12,605.07, with 41,673,190 shares changing hands to the value of $151 million. The S&P/NZX20 index closed at 7,471.87, up 1.16%, while the S&P/NZX10 index closed at 1,911.09, up 1.38%. There were 97 gainers on the main board and 41 decliners.