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Dreamworld General Improvments 2025
I feel like the support is the old support, and they've reused it, which is unfortunate. The cutouts in the front edging of the building, and the scale of the support makes me think the current version is undersized. Greg should go out and get a bigger one made - keep everything the same, just enlarge it to fill the gap in the themed edging.
- Dreamworld - Proposed Development
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Jungle Rush Coaster
I've been to several tourist attractions featuring old stonework and the like that was rigged with netting or other structures to keep visitors safe walking below. When looking at these pictures, it strikes me as not too dissimilar. Now, that's not me advocating for DW just leaving it as is - far from it - but I don't think it looks out of place. The patch holes where they've had to drill into the subframe do stand out though, and they need to get on repainting \ theming that appropriately - though I imagine its a work in progress given some panels are done and not others, so i'm sure they'll come back and paint it all once all the drilling \ patching work is completed.
Yesterday
- Jungle Rush Coaster
- Dreamworld - Proposed Development
- Dreamworld General Improvments 2025
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Ty Jordan Miller joined the community
Last week
- Dreamworld General Improvments 2025
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Dreamworld - Proposed Development
Considering where this is being considered, and considering the new DW logo, whatever they do they will need to be very careful about the skyline from the carpark/M1. Blocking off ST will certainly affect that, as it and the tower are really the two that have the most visibility. The rendering done by the LLM botched the scale terribly. The hotel compared to ST is laughable. Yeah I know it is just a mood board, but geez - there's actual concept artists that would have done a much better job of it.
- Dreamworld General Improvments 2025
- Jungle Rush Coaster
- Jungle Rush Coaster
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Bailzzzz started following Jungle Rush Coaster
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Sky Safari Closing Down
Went in today, and a lot has changed. I spoke to a worker and they said there should be about 6 towers. I've currently worked out 5. Top area now has a slab and the start of the course The pole as you enter is not there, but as you look down a bit further, there is a completed one. Behind the toilets near the giraffes they were putting in the base of one, and near the rhino there will be one, but that land has only cleared. The main final decent one in the area pictured above has also been mostly completed. The contractor seems to be Dopplemayr. Mural in the process of being painted This is pole 2, unless it's been shifted and becomes pole 1 The base behind the giraffes Final descent What i assume is tower 2 from the other side of the park
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- taronga
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- White Christmas 2026
- White Christmas 2026
- Movie World Hotel
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Movie World Hotel
You need to read what was leading into this. The "capital work" in progress represents money already spent on a project. Given that $1.9 million had already been invested, it's certainly plausible that this relates to the proposed hotel. However, just because Village has written it off, meaning it can no longer be carried as an asset on its books, doesn't mean the project is dead. They could still revisit it or restart the development down the track. If Village are bleeding money this could simply be smart accounting. Once and if it's confirmed the hotel is dead, refer back to my post about. "Another hotel dream bites the dust" Interesting DW gets a positive article while Village gets a negative one, on the same day. In other news. WnW is doing a bumper trade trade today with this hot, hot, day. This should help with the books.
- Movie World Hotel
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Village Roadshow dumps theme park development amid surging losses and debt deal breach
This is a bit of clickbait. Nowhere in the article does it say the theme parks are making a loss. The $38.6 million loss is for the entire Village group, which includes the cinemas and other businesses. That doesn't mean the parks are doing well, though. I wouldn't be surprised if they're financially in the poop, but the article doesn't provide the figures to prove it.
- Movie World Hotel
- Movie World Hotel
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Village Roadshow dumps theme park development amid surging losses and debt deal breach
I felt like this article probably needed its own thread as it covers a number of elements mentioned in multiple topics currently. Village Roadshow dumps theme park development amid surging losses and debt deal breachEntertainment giant Village Roadshow has dumped development plans at one of its theme parks and revealed it breached a half billion-dollar loan condition as the company’s losses blew out by more than 54 per cent. The Melbourne-based company’s latest financial report, for 2025-26, recorded a net loss of $38.6m – sharply higher than the $25m loss for the previous year Village – which operates Movie World, SeaWorld and Wet’n’Wild as well as more than 50 movie cinemas nationwide – spent more than $4m on restructuring and staff redundancies, but boosted executive pay by 18 per cent, the report said. It also closed down cinemas as it faced board upheaval and a bitter civil court stoush with former executives it has accused of embezzling more than $2.5m. The financial report said Village wrote off $1.9m worth of “capital work in progress due to a terminated development”, partially offset by a $700,000 cost recovery, in its theme parks segment. Village – which has been contacted for comment – did not specify in its report which development had been axed but currently has $330m approved plans for a 600-room hotel and function centre next to Movie World. The company lost $11.4m in annual interest charges alone to lease back 154ha of Gold Coast land it sold to a superannuation fund for $100m in 2017. But the company’s closest shave for the year was a breach of its secured $575m loan agreements with a “syndicate of local and international lenders” which saw $531.5m reallocated to its current liabilities. Village received a written waiver from the lenders after falling $4.9m short of its interest cover ratio – that is its ability to pay the interest on its loans, based on earnings – after June 30. The company’s current liabilities were $809.8m as of June 30, while current assets were $182.2m. Despite the setbacks, Village is confident it can meet upcoming loan covenant tests and is able to continue as a going concern. The report declared more than $400,000 was paid to related parties in FY25, including $323,149 for uniforms from Leaf Group, which is directed by Paul Aberdeen – the son-in-law of co-chairman Robert Kirby. The uniform contract - which the report said was established in 2003 before Mr Aberdeen married Nina Kirby - was down compared to the previous year’s spend of $637,206. Village also purchased $98,923 in boutique wine for its Gold Class cinemas and SeaWorld Resort from Yabby Lake International – in which the Kirby family are shareholders. It also paid $12,000 to insure artworks provided to the company by an unnamed entity related to Robert Kirby. The report said all the related party transactions were carried out “under arm’s length terms and conditions”. Despite closing down two cinemas in the financial year, Village kept $165.1m in goodwill on the books for its cinemas division, based on the assumption box office revenue will return to pre-Covid levels. Village had 1559 employees as of June 30, down from 1631 the previous year. The company was listed publicly on the ASX until a majority buyout by private equity firm BGH Capital in 2020. BGH’s investors include Australian Super as well as multiple large pension funds for government employees in Canada, Singapore, and the United States. Village has moved to settle its blockbuster civil case against two former executives and has not filed a police report. No charges have been laid and this masthead is not suggesting criminal wrongdoing. The matter has been scheduled for mediation on December 9. https://www.goldcoastbulletin.com.au/business/gold-coast/village-roadshow-dumps-theme-park-development-amid-surging-losses-and-debt-deal-breach/news-story/9f193e02e4556d54a7193a3d1feb6808?fbclid=IwdGRleAVXT-5leHRuA2FlbQIxMQBwZG9mBWZkaWQWURjTLuTdYx3kDTlBvFd1KuDhBIkOl3NydGMGYXBwX2lkCjY2Mjg1NjgzNzkAAR_qmZXxw-JjsKNqqQ-iAy7AI8e__1eRC8nS1-huZq5FZCtK5igoN__c6YRZtg_aem_1btEc61sbtAHvS6_cbW45w
- Has Coast Entertainment given up on WhiteWater World?
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Movie World Hotel
@DW Another hotel dream bites the dust!!!!!!!!!!!!!!!!! Maybe it's time to accept that not many people are rushing to holiday in Coomera/Oxenford. You probably be better off focusing on practical extensions and improvements to what they already have. Unless, of course, they want to build another caravan park. That seems to be the one type of development around the northen GC that actually gets across the finish line.
- Movie World Hotel
- Has Coast Entertainment given up on WhiteWater World?
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