Green’s Dictionary of Slang

Johnny Russell n.

[rhy. sl.; ult. ? politician Lord John Russell (1792–1878)]

(Aus.) bustle, hustle.

[Aus]Stephens & O’Brien Materials for a Dict. of Aus. Sl. [unpub. ms.] 89: JOHNNY RUSSEL [sic]: bush a rhyming variant of ‘bustle.’.
[Aus]Argus (Melbourne) 18 Apr. 3s/6: ‘Johnny Russell’ is a bustle.

In phrases

on the Johnny Russell (Aus.)

struggling for existence.

[Aus]Stephens & O’Brien Materials for a Dict. of Aus. Sl. [unpub. ms.] 11: ‘On the Johnny Russell’ is [sic] a variant for battling is merely a rhyming slang arrangement of ‘on the hustle’.