Meaning in very deep shit.
Expression from Victoria Australia, where there is a major sewerage treatment plant in an outer suburb of Melbourne called Werribee.
Thus any duck in Werribee is said to be in a hell of a lot of shit!
Obviously The name of Werribee can be substituted with the name anywhere with a large sewerage treatment plant or anywhere with large amounts of untreated sewerage.
"The cops caught up with Freddo, he's in more shit than a Werribee duck now!"