The Conservation Minister says any decision around the closed Tongariro Chateau won't be taken lightly. 

Budget 2025 labelled the heritage-listed site in the shadow of Mount Ruapehu a 'fiscal risk'.

All options are on the table, including demolition. 

Tama Potaka says it's an iconic building and very important to the area. 

He says a decision on its future will be made in due course. 

"It's definitely not years - we need to be a Government of action, we've taken action around a couple of those concessions in that beautiful part of the world."

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