Earlier this afternoon, a crane collapsed on a barge under the Sydney Harbour Bridge.
It has since been reported that a cable from the semi-submerged crane has snapped and flown off, landing on the iconic face of the Luna Park entrance.
Luna Park managing director Peter Hearne said that there is some damage to the landmark.
"There's some damage to the face where the wires hit the top when the crane collapsed," Mr Hearne said.
"There's some damage you can see from ground level. We need to go up and assess the damage."
It is understood that Luna Park was closed at the time of the incident and no one was injured.