23 Nov 2022

Mt Ruapehu update: will life pass holders stump up?

From Nine To Noon, 9:25 am on 23 November 2022
Skiers on a chairlift at Turoa ski field.

Photo: RNZ

Life pass holders for Mt Ruapehu's troubled ski fields have two more days to indicate whether they're willing to stump up funds to help save Whakapapa and Turoa ski fields.

The goverment has asked life pass holders for a one-off $2500 towards a new entity to run the mountain, along with a future levy of up to $250 per year for two to three years to fund ongoing capital maintenance and development.

Turoa and Whakapapa ski fields went into voluntary administration last month, owning an estimated 40-million dollars in the red.

In exchange for contributing, the government says it will write-off some of the debt. PWC, the administrator for Ruapehu Alpine Lifts, is also surveying others it hopes might join a crowd funding effort - including local residents, mountain staff and local businesses.

Kathryn speaks with Robert Pigou, MBIE deputy chief executive;  and Sam Clarkson,  one of two life pass holders on the creditors committee  - he's also a local business owner.