Which country is the Rainbow Serpent endemic to?
Correct answer: Australia

Tom
my hearing of this story is:
the rainbow serpent slithered around the place creating rivers, hence the similar shape between a winding river and a snake track .
A gready toad drank all the water, but his belly was pierced and the water flowed in the rivers again.
This is from the north, there is a dry season and monsoonal wet season.