The government's stumping up $5 million to make sure the Ruapheu ski season goes ahead.
Last week operator Ruapehu Alpine Lifts was forced into liquidation after its creditors rejected a government backed plan that would have seen two separate operators running one side of the mountain each, for a purchase price of one dollar.
The government says the mountain is worth $100 million per year to the region's economy and it's always been committed to ensuring the ski season goes ahead.
It's also revealed a third group is now vying to run the mountain ski operation.
PwC liquidator John Fisk spoke to Lisa Owen.
