Russell Morris, John Farnham, and Ross Fraser

I looked there across to the horizon
The moon was bright and high up in the east
I stretched out to touch what I was seeing
And then I looked up
And found it out of reach

There were diamonds on the water
I saw starfire on the sea
Diamonds on the water
You don't need to sleep to have a dream

I believe that certain things can happen
To change the very nature of the beast
And I have been a witness to survival
Nothing really has to rest in peace

There were diamonds on the water
I saw starfire on the sea
Diamonds on the water
You don't need to sleep to have a dream

Here I am, I'm standing on
There edge of here and now
Here I am, my time is coming round
Here I am, dust to dust
I carry ancient ground

Now I am in a perfect situation
But thoughts intrude on me just like a thief
They steal me back
To all that I would run from
Back from where I really want to be

There were diamonds on the water
I saw starfire on the sea
Diamonds on the water
You don't need to sleep to have a dream