close
MENU
Business
2 mins to read

Govt backs Tūroa skifield buy, Whakapapa gets ultimatum

Regional Development Minister Shane Jones says $7m to keep Whakapapa open this winter will be the last taxpayer funding available.

Funding for Pure Turoa Ltd is conditional on the company getting a DOC concession.

Tim Hunter Wed, 13 Mar 2024

The Government will invest $3.05 million in private company Pure Tūroa to help fund its acquisition of the Tūroa skifield, Regional Development Minister Shane Jones said today.

Meanwhile operations at the neighouring Whakapapa skifield on Ruapehu are on borrowed time, with Jones warning a $7m

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Govt backs Tūroa skifield buy, Whakapapa gets ultimatum
Business,
103175
true