Once a jolly swagman camped beside a billabong (Hobo, travelling contractor) (a lakeshore) Under the shade of coolibah tree (a kind of tree they don?t have here) And he sang as he watched and waited 'til his billy boiled (billy=coffee. No Starbucks in the outback) You'll come a-waltzing Matilda with me (his bedroll and dancing partner) Waltzing Matilda, waltzing Matilda You'll come a waltzing Matilda with me *And he sang as he watched and waited 'til his billy boiled You'll come a-waltzing Matilda with me verse 2 Down came a jumbuck to dri-ink at that billabong (sheep) Up jumped the swagman and grabbed him with glee (apparent free lunch) And he sang as he stuffed that jumbuck in his tucker-bag (that?s a bag for your tucker) You'll come a-waltzing Matilda with me Chorus Up rode the squatter, mounted on his thoroughbred (man who owns the sheep) (fancy name for horse) Up rode the troopers, one, two, three (the cops, guns drawn) "Who?s that jolly jumbuck you've got in your tucker-bag?" (oops no free lunch) You'll come a-waltzing Matilda with me Waltzing Matilda, waltzing Matilda You'll come a waltzing Matilda with me "Who?s that jolly jumbuck you've got in your tucker-bag?" You'll come a-waltzing Matilda with me Up jumped the swagman and sprang into that billabong (splash) "You'll never take me alive!", said he (he can?t swim) And his ghost may be heard as you stroll beside that billabong You'll come a-waltzing Matilda with me Chorus And that?s why this song will never be Australia?s national anthem You'll come a-waltzing Matilda with me