Yea I know a lot of people earlier said that the only way this could've happened was if the passengers were in the wrong but after looking at the images/re-enactments it looks a lot more like Dreamworld's fault then a tragic accident. 

Personally can't see it being the end of Dreamworld. It's a profitable business at the end of the day and will probably continue to be in the long term. They will, and seemingly deserve to take a significant short term hit over this though.

Oh it will be, if that post by a visitor  is legit,then dreamworld's owners are in the shit. big fines and jail time can be the outcome

Yea, I think most jumped to that conclusion because it really was one of the safest rides at dream world and no one would think it could go that wrong so badly on its own. But you right as more information is coming out it is looking like Dreamworlds fault, something to do with the waterpump. 

They said they were opening up again tomorrow with a memorial day, maybe it's just me but it just seems way to soon for that to happen, let alone reopen for the public. The entry fees are going to the red cross for charity though, but just seems like a weak gesture of good will to make people forgive and forget. 

Police have blocked the re-opening of park for today to preserve the scene.

They have 40+ witnesses so it seems pretty concrete that it was ride malfunction not the passengers misbehaving.
If you have ever been on that ride it is pretty hard to misbehave on - barring unbuckling and standing up.