Inspired by A. B. Paterson's classic poem and set in a fictional Snowy Mountains township called Paterson's Ridge, this turn-of-the-nineteenth-century adventure concerns wealthy cattle-station owner and widower Matt McGregor and his three children, Colin (the town preacher), Rob (played by Guy Pearce), and Danni (the tomboyish youngest daughter). Unresolved sexual tension comes in the shape of Matt's independent, free-spirited childhood friend, the recently widowed Kathleen O'Neil, who returns to Paterson's Ridge with her son after having spent many years in England.
Produced and broadcast in Australia as Banjo Paterson's 'Man From Snowy River,' the series was retitled Snowy River: The McGregor Saga in the US.