Spoken
( Waltzing Matilda is a song about an Australian Hobo
I guess you'd call him. He wanders through the bush
land of Australia and he takes all his meagre 
belongings
wrapped up in an old blanket which is strung across his 
shoulders with an old piece of twine and this is called 
his swag. 
Hence the name swagman. Now affectionately or otherwise
he refers to his swag as Matilda, its like his only 
companion 
as he wanders through the bush tracks he finds himself 
talking 
to it as if its a real person. So the term Waltzing 
Matilda is nothing 
to do with dancing at all, it means in fact carrying 
this thing on your
back through the long lonely stretches of the 
Australian bush.
Couple of other terms quickly, pay attention because I 
will be
asking questions afterwards about this, couple of other 
terms. 
A billabong is a pool of deep water, a billy is a 
little tin can they 
boil the tea in, a jumbuck is a sheep, err tucker bag 
is a bag for
carrying tucker, food bag tucker is food sort of like a 
knapsack. 
What else the squatter is the big land owner, that's 
enough lets
get on with the song.)

Once a jolly swagman camped by a billabong
Under the shade of a Coolibah tree
And he sang as he watched and waited till his billy 
boiled
You'll come a waltzing Matilda with me

Waltzing Matilda, Waltzing Matilda
You'll come a-waltzing Matilda with me
And he sang as he watched and waited till his billy 
boiled
You'll come a-waltzing Matilda with me

Then down came a jumbuck to drink at that billabong
Up jumped the swagman and grabbed him with glee
And he sang as he shoved that jumbuck in his tucker bag
You'll come a-waltzing Matilda with me

Waltzing Matilda, Waltzing Matilda
You'll come a-waltzing Matilda with me
And he sang as he shoved that jumbuck in his tucker bag
You'll come a-waltzing Matilda with me

Then down came the squatter mounted on his thoroughbred
Down came the troopers one two three
Right-o where's that jolly jumbuck that you've got in 
your tucker bag?
You'll come a-waltzing Matilda with me

Waltzing Matilda, Waltzing Matilda
You'll come a-waltzing Matilda with me
Right-o where's that jolly jumbuck that you've got in 
your tucker bag?
You'll come a-waltzing Matilda with me

So up jumped the swagman and he sprang into that 
billabong
You'll never take me alive said he
And his ghost may be heard as you pass by that 
billabong
You'll come a-waltz ....

Waltzing Matilda, Waltzing Matilda
You'll come a-waltzing Matilda with me 

And his ghost may be heard as you pass by that 
billabong
You'll come a-waltzing Matilda with me