where Waltzing Matilda was written in 1895 - Winton
They've been working in Longreach and Winton where they hope to start filming later this year.
Producer Bill Leimbach says the western-style movie will be set
during the period of a shearers' strike in 1895, when Banjo Paterson
wrote the famous verse.
He says the movie was to be called 'Banjo and Matilda', but it's been changed to give it more international appeal.
"Like Baz Luhmann called his 'Australia' - we said - to hell with it,
we are going to go with 'Waltzing Matilda'," Mr Leimbach said.
"It is the story of writing Waltzing Matilda, there is no doubt about it.
"We will start shooting in Longreach in September, then four weeks in
Winton and then we finish off either in Brisbane or Sydney where we do
the early stages of Banjo's life when he was at the Bulletin."
He says it's been a challenge to balance "the history with the Hollywood".
"The film has been re-written, and re-written and re-written, to try and get that international feeling," he said.
"It has been so difficult to try and make it as exciting as possible
for an international audience that know nothing about Banjo Paterson, or
have never heard the song, and say, hey that was a rip-roaring yarn.
"It is a nail-biting western, it is a western genre."
Morgan O'Neill announced as Director of Waltzing Matilda.