In 1997 Sunway Group purchased Wonderland Sydney . Only one ride , Skyrider which was the former cable car at the Sydney Showgrounds , was added between the 1997 takeover and the park 's closure . CEO Stephen Galbraith stated the September 11 attacks , the 2002 Bali bombings , the collapse of HIH Insurance , the SARS virus , the bird flu virus , " consistent losses " on the Asian financial crisis , the collapse of Ansett Australia , the Iraq War and the 2003 bushfires all contributed to the park 's closure . '' The Sydney Morning Herald '' stated that Sunway Group " blames Wonderland 's demise on everything except poor management "
2002 Bali bombings
2002 Bali bombings
Sunway Group