The loss of four lives at Dreamworld is likely to "destroy" the theme park's future with experts expressing doubt that the park will recover despite plans to re-open after the victims' funerals.
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On Friday afternoon, Queensland police Commissioner Ian Stewart said their investigation is "to some degree growing in complexity" as a host of special investigators get to the bottom of how the fatal crash occurred on the Thunder River Rapids Ride on Tuesday.
The park had intended to resume normal business from Saturday after a special "memorial" day on Friday however police intervened, saying their investigation at the scene was not finished.
Late on Friday, after the families of three victims gave an emotional press conference in Canberra, Dreamworld said they would reopen after the four funerals.
The park's chief executive Craig Davidson said he understood there were "many questions about safety reviews" and he vowed to provide regular updates on safety audits in the coming days.
Ardent's chief executive Deborah Thomas laid flowers outside the park on Friday in front of more employees, many of them in tears.
"We had the most wonderful ceremony and we're all here today to be part of the family, to hug each other, to provide support to each other," she said.
After she laid flowers, Ms Thomas admitted she hadn't handled the crisis "as well as I could have".
She was asked whether she had finally reached out to the families of the victims following a fiery press conference on Thursday in which the mother of two victims disputed her claim they had made contact.
Ms Thomas said on Friday: "We have reached out to many of the people involved in this tragedy and spoken to them. I would like to say if I haven't handled it as well as I could, we thought we were doing the right thing in terms of the way we approached it through police."
Regardless of any criminal or civil sanctions, the incident will be the "death spiral" for the park, said David Eager, an associate professor of engineering at UTS who has been involved in development and enforcement of safety and design standards on amusement rides.
"Their reputation is everything to them," he said. "You lose that reputation and you're on a death spiral. They're in the business of bringing fun and enjoyment to millions of people's lives ... and to end up in a situation where you've got four deaths, it destroys your business model."
Queensland law firm Maurice Blackburn revealed on Friday they had received a flood of calls about the accident witnessed by dozens of park patrons.
A "wide variety" of people had made contact; some who were directly involved in Tuesday's accident, some who had witnessed it and others who weren't there but had other concerning stories regarding Dreamworld.
"People want reassurance; to know that this is not going to happen again and that they can feel safe going to places like Dreamworld," the firm's personal injury principal Alison Barrett said.
Police have not ruled out criminal prosecutions for individuals or the company and their investigation is focusing on maintenance logs, machine components, safety compliance and park policies.
with AAP
