"Ocean Yu, director of popular Cantonese outlet Star Cafe Seafood Restaurant, said he had made the painful decision to close his restaurant on the North Shore on 30 September after six years of business.
Yu said the end of the lease and a sharp decline in customers from 2023 were key reasons behind the closure."
#DuoyaLu, 2025
https://www.rnz.co.nz/news/chinese/575852/auckland-s-yum-cha-restaurants-running-out-of-steam
For reasons given in my economics rant yesterday, I doubt it's a coincidence that this downturn coincides with the new government's first term.
#NeoclassicalEconomics has become a cult. It's demonstrably false dogmas treated as gospel truth;
* corporatising and selling off public infrastructure cuts costs and improves services. False.
* cutting public spending boosts economic growth. False.
* Suppressing wages and benefits boosts employment. False.
* Deregulating markets increases competition, reducing prices. False.
How on earth do we get through to people who still believe this horseshit, despite decades of counter-evidence?