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NYE Lost Paradise Music Festival Cancelled Because Of Fire Risk

New Year's music festival Lost Paradise has been cancelled due to the risk of bushfires on the NSW Central Coast.

The festival was scheduled to take place from December 28 to January 1 but on Thursday organisers announced it will not go ahead.

Lost Paradise music festival has been cancelled due to bushfire risk. Image: Lost Paradise/ Instagram

In a statement, organisers said the decision was made after "extensive consultation" with the NSW Rural Fire Service, emergency personnel and other key stakeholders.

"Our beautiful home in Sydney’s Central Coast is facing intense and unpredictable fire conditions that are sadly expected to deteriorate," the statement said.

"We simply cannot put anyone’s life at risk. We have been working around the clock to explore all possible options to relocate the festival, but it is just not feasible within the timeframe."

Organisers confirmed the cancellation on Facebook. Image: Lost Paradise

Lost Paradise boasts a line up of some of the biggest names in Australian music including Rüfüs Du Sol, Hilltop Hoods, Matt Corby and The Veronicas.

Organisers said they were "truly devastated" to not be able to "bring the festival to life" after the hard work of all those involved with its production.

"We would like to thank everyone who has worked so hard over the past twelve months to create this year’s event -- the artists, performers, teachers, yogis, vendors, sponsors and production crew, and of course our amazing Lost Paradise community who have supported us for six incredible years," the statement read.

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NSW Firefighters Battle 'Mega Blaze' As Three Fires Merge Into One

NSW firefighters are battling a mammoth wall of flames after three bushfires merged into one in the Hawkesbury region on Friday.

The festival, which is located in Glenworth Valley on the Central Coast, is near the Three Mile fire that is 36,000 hectares in size.

Burning close to that fire is the Gospers Mountain blaze, which has burnt through an astonishing 344,000 hectares.

The fires are burning close to Glenworth Valley. Image: NSWRFS

Lost Paradise organisers said this is a "heartbreaking time for the country" and thanked the hardworking emergency services.

"We would also like to express our immense gratitude for the brave emergency teams who are doing all that they can to protect the bushland around the site," the statement said.

"Our thoughts are with the affected communities across Australia, and the hero firefighters who continue to work in extreme conditions."

All ticket holders will be eligible for a refund in accordance with Live Performance Australia’s Ticketing Code Of Practice.