Green’s Dictionary of Slang

ratbag n.

1. (orig. Aus./N.Z.) a general term of abuse, a rogue, an eccentric; thus ratbaggery, acting in such a manner.

[US]O.W. Holmes Autocrat of the Breakfast Table 337: The Rat-bag has stolen your piece, after carefully scratching your name out.
Quiz (Adelaide) 1 Aug. 2/2: The Imperial ratbag amongst us brings these insults upon us [AND].
[Aus]Mirror (Perth) 6 Nov. 12/3: His Honor: He’s a rat-bag! Witness: ’Oo are you callin’ a rat-bag.
[Aus]‘William Hatfield’ I Find Aus. 138: ‘You brought one rat-bag in,’ said Ewens to me, ‘so now do me a favour by taking one off my hands.’ [OED].
[Aus]E. Curry Hysterical Hist. of Aus. 167: Time, my dear old ratbags, will not permit me.
[Aus]K. Tennant Battlers 96: ‘I tell you you’re a rat-bag,’ Dick Tyrell was declaring offensively to Adelaide.
[Aus]Mirror (Perth) 1 Nov. 4/4: Jackel had called his sister a ‘ratbag’. By ‘ratbag’ I understood he meant she was an unchaste girl.
[Aus](con. 1936–46) K.S. Prichard Winged Seeds (1984) 31: Tom and Decker were out all night [...] tryin’ to make the rat-bags who’d started the riotin’ listen to reason.
[UK]Galton & Simpson ‘Hancock’s Half-Hour’ ser. 5 [radio ascript] Step down, you ratbag.
[Aus]W. Dick Bunch of Ratbags 27: A lot of wheat lay on the floor of the wheat trucks, owing to the rats having chewed the bottom out of the bags. These bags with the rat-chewed holes in the bottom were known originally as ‘ratbags’. But this word had been adopted as a slang word to describe any person who was empty-headed or an idiot. ‘Oh, he’s just a bloody ratbag, that bastard, that’s all he is,’ was our popular saying.
[UK]P. Larkin ‘The Life with a Hole in it’ in Coll. Poems (1988) 202: What the old ratbags mean / Is I’ve never done what I don’t.
[Aus]A. Chipper Aussie Swearers Guide 67: Ratbaggery, anything un-Aussie or un-normal.
[Aus]D. Maitland Breaking Out 66: ‘Ratbags!’ Bert bawled. ‘Dead-shits, the bloody lot of you!’.
[NZ]G. Johnston Fish Factory 148: No more beer for these two ratbags.
[Aus]Aus. Women’s Wkly 20 May 129s/2: A ratbag is off-centre, a bit eccentric and a bit dotty.
[UK]K. Lette Llama Parlour 61: You’re the rudest sleaze-schmucko-ratbag I’ve ever met.
[Aus]J. Byrell Lairs, Urgers & Coat-Tuggers 173: [S]o cocksure was the royal ratbag that he had his emissaries toddling all over London placing poultices on My Babu.
[Scot]I. Welsh Filth 204: Lennox has taken the hump big-time, the moosey-faced rat-bag.
[Aus]R.G. Barrett Leaving Bondi (2013) [ebook] Those ratbags were just about to cut that poor girl’s throat.
[NZ]McGill Reed Dict. of N.Z. Sl. 170: ratbag/ratter 1. Nasty, eccentric, unreliable, troublesome, uncouth or worthless person, likely to exhibit ratbaggery or unacceptable or eccentric behaviour. 2. Engaging rogue or unconventional fellow, often an old ratbag.
[Aus]M.B. ‘Chopper’ Read Chopper 4 5: Piss Ant may have been a tough, bad-tempered ratbag, but he loved his old grandfather.
[Aus]D. Whish-Wilson Old Scores [ebook] ‘Never picked you for a ratbag, Swann’.

2. (US) an unpleasant situation or job.

[US]C. Clausen I Love You Honey, But the Season’s Over 48: Sometimes [...] a man would announce that he was ‘gonna quit this ratbag for good’.

3. (US) a slum.

[US]T. Wolff ‘Leviathan’ in Back in the World 187: ‘[H]e was living in this ratbag on Post Street. All he had in there was lawn furniture’.

In derivatives

ratbaggery (n.)

(Aus.) despicable, duplicitous behaviour.

[Aus]J. Byrell Lairs, Urgers & Coat-Tuggers 117: The inexplicable, out-and-out ratbaggery of Daniel O’Brien began to manifest itself as soon as Carbine had his first track workouts.