Cabinet's approved another Crown loan to keep Mount Ruapehu's skifields operational.
The $7 million Crown funding includes a $4.3 million loan to the under-liquidation RAL.
The rest goes into an in-principle agreement of support to the preferred bidder, subject to being granted a concession.
Pure Turoa has been trying to take over skifield operations in a joint bid with Whakapapa Holdings.
PwC Liquidator John Fisk says this support will get them to March next year.
"And that will hopefully give us time, once a new Government has formed, to have further discussions about getting through to the start of the 2024 season- and hopefully to finding a more permanent solution."
LISTEN ABOVE

Full Show Podcast: 11 September 2026
1:39:53

Sean Fitzpatrick: Former All Blacks captain on 4th test against Springboks
05:14

Perspective with Andrew Dickens: Will the CRL be worth the wait?
02:58