A horror season and three years of Covid has left one of our biggest ski field operators on thin ice, and taxpayers potentially $15 million out of pocket.
Ruapehu Alpine Lifts, which operates Whakapapa and Tūroa skifields and employs 196 staff went into voluntary administration yesterday.
It already had two government loans totalling $15 million but has been turned down for another taxpayer funded bail out. Paul Anderson is chief executive of NZ Ski, which runs Coronet Peak, the Remarkables and Mt Hutt fields.
He talks to Lisa Owen.