Ruapehu Alpine Lifts is getting its fourth multimillion-dollar bailout of the year.
The government has agreed to give the company, which is in voluntary administration, an extra $7 million.
This is intended to keep it running for five more months - through the election, and the summer.
Richard Nacey is a partner at PWC and co-administrator of the company.
Nacey spoke to Ingrid Hipkiss.