Ruapehu Alpine Lifts sells Tūroa ski field, releases pricing

Ruapehu Alpine Lifts sells Tūroa ski field, releases pricing
Ruapehu Alpine Lifts is preparing to open for the 2024 ski season.
John Anthony
The receivers of Ruapehu Alpine Lifts say they have completed the sale of the Tūroa ski field and are now looking for buyers of Whakapapa.Ruapehu Alpine Lifts (RAL) receivers Brendon Gibson and Neale Jackson of Calibre Partners said the sale of Tūroa ski field to Pure Tūroa represented a significant milestone towards concluding a difficult process brought about by RAL's insolvency.RAL entered voluntary administration in October last year when it owed about $45 million.On April 6, Conservation Minister Tama Potaka announced Pure Tūroa h...

More Business

Apartment liquidators secure $728,000 confidential settlement
Business

Apartment liquidators secure $728,000 confidential settlement

Just $54,600 remained after liquidation and legal fees.

Triple Connection placed in liquidation
Business

Triple Connection placed in liquidation

At least two sub-contractors are owed more than $200,000.

John Anthony 17 Feb 2025
Price shakeup for cigarette brand
Retail

Price shakeup for cigarette brand

Cigarette prices typically go up each year. Not in this case.

Oliver Lewis 16 Jan 2025
Editor’s note – 2024 in review
Business

Editor’s note – 2024 in review

For many businesspeople, 2024 was a year they'd rather forget.

Victoria Young 01 Jan 2025