Rude shock as entity behind NZ Karen's Diner goes under

Rude shock as entity behind NZ Karen's Diner goes under
Karen's Diner was billed as an interactive experience with rude wait staff insulting diners. (Image: Karen's Diner)
Riley Kennedy
A liquidator has been appointed to the New Zealand business of restaurant chain Karen’s Diner, a month after its Australian parent collapsed.BWA Insolvency’s Bryan Williams was appointed liquidator of Viral Ventures NZ on Tuesday.The entity operated the sole Karen’s Diner outlet in the Auckland suburb of Mt Eden, which reportedly opened in August last year.The global chain grew in popularity with restaurants built around the premise of “Karen” staff members insulting customers. Going underThe company had more...

More Finance

Court funding miss ‘undermines market confidence’
Finance

Court funding miss ‘undermines market confidence’

Plenary and Infrastructure NZ wrote to ministers over PPP ‘disappointment’.

Oliver Lewis 17 Sep 2025
Phasing out $6b capital layer unlikely to dent banks’ ratings
Finance

Phasing out $6b capital layer unlikely to dent banks’ ratings

Banks’ credit ratings likely unmoved if Additional Tier 1 capital phased out. 

Andy Macdonald 17 Sep 2025
‘Unusual’ volume of CCCFA changes in focus
Finance

‘Unusual’ volume of CCCFA changes in focus

Select committee mulls proposed changes to CCCFA, to report recommendations Oct 20.

Andy Macdonald 16 Sep 2025
Banks revise economic outlooks for Q2 GDP contraction
Finance

Banks revise economic outlooks for Q2 GDP contraction

Economists now see NZ's GDP contracting in Q2, but doubt a technical recession in Q3.

Andy Macdonald 15 Sep 2025