30 million dollars will be spent on upgrading Gold Coast theme park Dreamworld over the next two years.
Ardent Leisure hopes upgrades will help restore visitor numbers at Dreamworld.
Newscorp reports 30 million dollars will be spent over the next two years.
The upgrades will include a water park expansion and a new ride, while an iRide virtual theatre is also on the cards.
The Gold Coast theme park remains in recovery mode following the ride tragedy which claimed four lives in 20-16.
Dreamworld recorded an 88.6 million dollar loss for the past financial year, while crowd numbers are also down.