I live in a district with high earthquake risk and frequent nearby volcanic activity, having had negative experiences of both. Thus, the song is autobiographical. Its irony is typically post-modern being both serious and humorous at the same time, sometimes confusingly so. It creates a vision of living in a paradise, as is New Zealand (or Yellowstone National Park?), yet ends with a blunt punch line pointing out that we are at risk though, because it is slight, we live as if it didn't exist. The song is a reminder that we live in fortunate circumstances that may be temporary and we should be grateful for them while they last.
Verse 01 Our home's a volcano That smokes up the sky With clouds of rank sulphur That rise up on high. Verse 02 We bathe in the hot pools Which God heats for free To save us from buying Electricity. Chorus 03 Our life is so sweet, Our life is so nice, We live in a thermal paradise. Verse 03 Our town attracts tourists All happy to pay To see the volcano Chain smoking all day. Verse 04 We never get snake bite. The lake is shark-free. We live in a haven Of tranquillity. Chorus 03 Our life is so sweet, Our life is so nice, We live in a thermal paradise. Verse 05 The cone it is sleeping Which is all very well, But when she gets angry She'll blow us to hell! (Deliberately abrupt ending on the last note!)