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Everything Old Is New Again by Peter Allen
Album: Continental AmericanReleased: 1974
Allen performed the song with the Rockettes at Radio City Music Hall in 1981 where he became the first male performer to dance with the famous kick line.
A showstopping song, this was used in the bio-musical The Boy From Oz, which starred Hugh Jackman on Broadway in 2003. The original Aussie cast starred Todd McKenney in 1998.
A live version of the song appears in the film All That Jazz where two women dance and lip-sync to the song's lyrics. (thanks, Sara - Silver Spring, MD, for all above)