An amnesiac finds his life in jeopardy as he gradually regains his memory.

After a few years trying to earn money to marry Jessica Harrison, Jim Craig returns to Snowy River. But he finds that a lot of things have changed.

Jim Craig has lived his first 18 years in the mountains of Australia on his father's farm. The death of his father forces him to go to the lowlands to earn enough money to get the farm back on its feet.