Proud and classy Caddie Marsh is forced to get a job as a barmaid and raise two children on her own after her husband walks out on her.

In old New South Wales a new bunch of convicts arrives including the little convict, young Toby Nelson. Consigned to a Government farm they are subjected to the cruelty of Sergeant Billy Langdon and Corporal Weazel Wesley. Toby escapes and flees into the Australian bush where he is saved from death by the aboriginal boy, Wahroonga. Together, with another escapee, the highwayman, Jack Doolan, and Wahroonga’s animal friends, they launch a spectacular mission to rescue the blacksmith, Big George, and Toby’s sister, Polly.

Miser Ebenezer Scrooge is awakened on Christmas Eve by spirits who reveal to him his own miserable existence, what opportunities he wasted in his youth, his current cruelties, and the dire fate that awaits him if he does not change his ways. Scrooge is faced with his own story of growing bitterness and meanness, and must decide what his own future will hold: death or redemption.