This report comes from the ABC. May 23, 2012
Concerns over viability of alpine resorts
A report by the auditor-general found the resorts have recorded financial losses and asset depreciation over the past five years, despite funding from the Department of Sustainability and Environment.
It identifies workforce and contractor costs as contributing to their poor performance, demonstrating the need for structural change.
The auditor-general’s office says the findings raise concerns about the long-term sustainability of the alpine resorts.