Snow at Spencers Creek reached just 56 centimetres on Friday, the lowest for end of August since records began in 1954.
Why it mattersSki resorts face mounting financial pressure, with Thredbo's value slashed by more than half to 143 million dollars due to poor snow and rising snowmaking costs.
AustraliaAustralia's alpine resorts are struggling with shorter seasons and rising operational costs, threatening their long-term viability as climate conditions worsen.
✓ Claims checked against the source and corrected before publish. checked 1 d ago
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