ðə nˈeɪm "ɹˈiːdz mɪstˈeɪk" wʌz jˈuːzd fɚðə lɐɡˈuːn ʌntˈɪl wˈʌn θˈaʊzənd ˈeɪthˈʌndɹɪd twˈɛnti sˈɪks, wˌɛn ɪt wʌz ɹᵻnˈeɪmd ɪn ˈɑːnɚɹ ʌv ɡˈʌvɚnɚ lˈætʃlən mˈækweɪɹi.
The name "Reid's Mistake" was used for the lagoon until 1826, when it was renamed in honour of Governor Lachlan Macquarie.