Village Roadshow has unveiled plans to build the tallest waterslide in Australia, as part of plans to invest AU$70m in its theme park estate this year.

Set to be more than 23m tall, the Kaboom! – at the Wet'n'Wild water park in Queensland – will combine three separate adrenaline slides and a large tropical splash zone.

The three rides are the Kaboom!, a zero gravity water slide with a 10 metre drop and 360-degree spins; a side-by-side body racer with infinity edges called Super Ripper; and the Double Barrel raft slide.

Kaboom! is the headline development of Village Roadshow's plans for its Gold Coast-based attractions.

Other additions this year include a special Hooray for Hollywood event at its Warner Bros. Movie World, the New Atlantis area at its Sea World park and a new Meerkat exhibit at the Paradise Country farm experience.

Village Roadshow Theme Parks CEO, Clark Kirby, said: “We're delighted to announce this massive line-up of new attractions for our parks in the coming months.

“At Village Roadshow Theme Parks, we remain committed to providing world-class attractions and experiences for our guests and this AU$70m investment will play a vital role in reviving the Queensland tourism industry."