A total of 133 benthic macroinvertebrate species was recorded in four permanent freshwater lagoons (billabongs) and a stream riffle in the Magela Creek catchment, Northern Territory, Australia. 101 species were lentic in occurrence. Each billabong supported at least as many species as larger tropical and Australian temperate lakes, and was an exception to the species-poor status of Australian lentic macrobenthic communities.> 98% of the total benthic biomass was contributed by a mussel species; the remaining species' combined standing crop was an order of magnitude lower than in other lentic systems, further highlighting the diversity of the Magela benthos. Rarefaction (removal of organisms) and predictable environmental heterogeneity, both related to monsoonal variations in flow and water quality, were probably important determinants of the high diversity of these communities.