Centaurus,
Perhaps it merely says that the ATSB thinks that the
failure was relatively benign, despite the metal rain on someone's roof (but no-one's head!) in Riverstone NSW, because there was no collateral damage to the aircraft of any significance and that the operator's procedures for engine failure were appropriate.
There is no discussion about alternative courses of action to dumping fuel and landing back at Sydney - the absence of which I take to be tacit approval of the decision NOT to continue.
For the life of me, I cannot understand how you came up with the (somewhat random) thought that the ATSB was endorsing a continuation of the flight to the destination...