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NZ hospitality liquidations jump 49%, iconic bars close.

6/3/2026

33 5 Full Breakdown

Summary

Story summary

Hospitality liquidations in New Zealand surged 49% year-on-year, reaching 414 cases and marking the sector’s fastest rise since 2010.
Deadshot speakeasy bar in Ponsonby closed after eight years, with owners Walker and Garland pledging to keep the owner-operator model at Caretaker and Rocketman.
Verona café and bar entered liquidation after 34 years.
Harbourside Ocean Bar Grill announced its closure after operating since 1988.

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Story summary

Hospitality liquidations in New Zealand surged 49% year-on-year, reaching 414 cases and marking the sector’s fastest rise since 2010.
Deadshot speakeasy bar in Ponsonby closed after eight years, with owners Walker and Garland pledging to keep the owner-operator model at Caretaker and Rocketman.
Verona café and bar entered liquidation after 34 years.
Harbourside Ocean Bar Grill announced its closure after operating since 1988.