Since 1999, Fireworks Australia has run the event to showcase the latest fireworks imported into the Australian market.

Fireworks boss Martin Brady said, the business which now deals with special effects technology, as well as pyrotechnics, will do something different for their clients next year.

"I don't know if it will be cancelled forever, but it is cancelled for next year," Mr Brady said.

"We loved doing it there, but just every year the amount of infrastructure we had to put in, it was very expensive to run for the public.

"It makes a very large loss... those costs were unsustainable long term," he said.

To run the event the organisers were required to submit traffic management plans and organise display message boards, as well as organising security and paramedics for public safety.

"It is sad and unfortunate, but it is a commercial reality."

This year, the inclement weather turned away some visitors, however, it was estimated 3000 to 4000 people watched the display. The festival usually attracts 6000 to 10,000 spectators.

"The absolute pinnacle for us is public safety, so unless we can get people into a venue with those sorts of numbers it wouldn't have worked unless we spent a lot of money on the infrastructure, we couldn't guarantee that."

The demonstration became a public festival to manage crowds and it became increasingly popular, especially with caravanners. Following the professional demonstration of fireworks, there would be a large pyromusical display.

"We always tried new ideas there before we tried it anywhere else."

Mr Brady assured the Crookwell Gazette that business is booming and that Fireworks Australia will remain a local business.

"We've never been busier. We're up around 300 shows a year," he said.

"On top of this we also engage with the community at Gundaroo, we are involved with the NSW Rural Fire Service and the Gundaroo Music Festival, so we have some social engagement."

The announcement has already attracted around 100 comments from residents and visitors expressing their disappointment via Facebook.

Gunning resident Kathy Johnson wrote, "so very sad for the community of Gunning as the revenue raised by local institutions was a great benefit for our small community... This is a very sad farewell for the residents of the wonderful small town of Gunning."

Ms Johnson said "It's sad for the community and the revenue that comes in from it was amazing.

"The Lions Club of Gunning was getting revenue, Dalton Public School, and small stall holders too."

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