Weston Kirton: Ruapehu Mayor says skifield liquidation a complex situation, but the financial backing helps jobs

from Best of Business · host Newstalk ZB

Hopes a multi-million dollar government loan to Ruapehu Alpine Lifts liquidators gets the skifields off thin ice. The Government is chipping in up to $5 million towards the liquidators, as a new bid has entered the table A group on behalf of iwi is now proposing to take over operations of the skifields - the bid for operations to be split between two other companies is still on the table. Ruapehu Mayor Weston Kirton says it's a complex situation, but the financial backing helps jobs. He's sure businesses and communities are clapping with joy, and he's hoping for a good snow season. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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This episode was published on June 26, 2023.

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