Between June 26 and July 3, 2004, Mildura will host the 16th World Hot Air Balloon Championship.
There are 101 teams from 38 countries competing, with 140 balloons, so it should be quite a sight!
I believe it's the first time it will ever be held in the Southern Hemisphere.
There are other events connected with it, besides the competition, including a Night Glow Concert on June 30, Music and Food Festval 1-3 July and more.
The fun park has a giant water slide, and across the road, there's a Part 2 of it, with dodgem cars, mini golf and some other entertainments.