To ditch an event or school
"Hey Damo,what did you do on Tuesday?"
"I fucken wagged school because i'm a real Aussie cunt
"Hey maybe you shouldn't wag
"HEY SHUT YOUR BLOODY MOUTH BEFORE I MAKE YOU.Wagging is what a true aussie does,unlike you Clancy"
"Wagging is what a dipshit bogan
does because he hates school,and i'm a dipshit bogan that hates school"