Here is what the sky data says for Sydney, New South Wales, AU at Oct 27, 2026, 8:30 PM GMT+11: the best fit is Sky lantern at 83%. Why: Night sighting; Orange flickering glow is a sky lantern. Also worth considering: Satellite (70%). A couple of things would sharpen this:
• Did it blink or change color at any point?
• Did you get a photo or video, even a blurry one?