The object pictured in this video by photographer Drew Ryan has appeared over the Empire Bay area in New South Wales on July 3–as it happened, World UFO Day. According to Mr. Ryan and others, it has been seen before on at least five occasions. This rules out a meteor–as does its movement–as well as essentially all other prosaic explanations. A high probability that this is a genuine unknown.

https://www.youtube.com/watch?v=wXppSQ4jxz4
Story Source:
http://www.dailytelegraph.com.au/newslocal/central-coast/photographer-drew-ryan-snaps-ufo-hovering-over-empire-bay/story-fngr8h0p-1226674299708