Dreamtime

Dreamtime is the name that the Aboriginals gave to the time of creation. In this era, the indiginous peoples of Australia were in tune with the creator gods, many of whom have become animals found in the outback. What is the significance of the name Dreamtime? Was it a time of a lot of dreaming, or did the events actually take place for the aboriginals? To me, the Idea of the Dreamtime seems like an ideal time in which the divine and the mortal would have constant communion, kind of the equivalent of Adam and Eve in Eden with God.