Good thing I Have not made a comment on the political correctness or the lyrics on this thread, but thanks for inventing a position for me.
It's a shit song. Waltzing Matilda slaps. That there are members of the indigenous indigenous community the hate the shitty song is great. They have more taste than the people content with it.
If we're being ridiculous I reckon the 'indigenous folk' would love it. It's got a dude stealing sheep from the colonists who expropriated indigenous land that no doubt resulted in the deaths of a shit ton of indigenous folk. Check. It's got a colonist, a member of the group of people responsible for so much damage to the indigenous people, killing himself. Check. It's also got the police, a wing of the white settler colonial executive responsible for so much sorrow amongst the indigenous population, being confounded. Check.
I'm only seeing win, win and win here for the 'indigenous folk.'