Dreamworld tragedy: Thunder River Rapids ride to be decommissioned

The Dreamworld ride where four people lost their lives will be destroyed.

Dreamworld parent company Ardent Leisure confirmed the "permanent closure" of the ride in the wake of the accident on October 25, where a raft the group were travelling on flipped on to a conveyor belt.

“Out of respect for the memories of Cindy Low, Roozbeh Araghi, Kate Goodchild and Luke Dorsett, and their deeply affected families, the ride will be permanently decommissioned,” a statement read.

“The closure of the ride is the only respectful and appropriate course of action.”

An external audit will also take place by one of Australia’s leading experts in mechanical engineering, Pitt & Sherry.

No ride will reopen until a WorkPlace Health and Safety Queensland audit has been completed.

Ardent Leisure CEO Deborah Thomas said families of the four victims would be invited to help create a “fitting and permanent” memorial to their loved ones.

Ms Goodchild and Mr Dorsett were farewelled on Monday, the last of the victims' funerals.

Gold Coast Mayor Tom Tate wants Dreamworld to get the approval of families of the four victims before officially reopening the theme park.