This is a velorio. A velorio is a kind of tangi, the part before the actual funeral in South America where the dead are honoured and people revisit the lives lived.
This is a velorio for all the family businesses that have died a horrible death, born of hopeful new immigrants who have come to these shores with all the illusion and naivety of those who have done it really hard and see the chance to finally make something of their lives.
This is the velorio for the businesses which became toddlers with the owners' actual toddlers shelved under counters and out the back with Grandma while the parents pulled 16-hour days trying to make it work. This is the velorio for the pasta factory with the gourmet flavours and catchy slogan with the glass windows, paid for with the house that was sold on a rising housing market. This is the velorio for the gourmet steak house, built on the capital gain from the sale of a house in Auckland because, after all, houses don't employ anyone.
Or, at least that was the case in the countries these people came from where heavy capital gains tax dissuaded people from investing in the property lottery and tax incentives encouraged them to build businesses that would employ people.
Regional tax incentives that actively encouraged businesses outside of the main centres, in some cases tax breaks for starting up in economically challenged regions.