Set in northern Australia before World War II, an English aristocrat who inherits a sprawling ranch reluctantly pacts with a stock-man in order to protect her new property from a takeover plot. As the pair drive 2,000 head of cattle over unforgiving landscape, they experience the bombing of Darwin, Australia, by Japanese forces firsthand.

Two childhood friends, a New York hairstylist and a would-be musician, get caught up with the mob and are forced to deliver $50,000 to Australia, but things go haywire when the money is lost to a wild kangaroo.

Lovers Ray and Carla plan to burn down her house at Christmas, to run off with her husband's drug money. Ray has a side scheme going too, taking kickbacks on the love hotel project whose construction he's managing. The suburban Aussie marrieds live across a river from each other, the much older, domesticated Ray in a upper middle-class neighborhood, Carla on the wrong side of the water. The cheaters will lure their families to the same Christmas picnic celebration, to provide alibis while still being able to sneak off and chat about the arson. Carla's tow-truck owner hubby, Smithy, is a fearsome tough to cross, so will the philanderers' holiday gifts come through, or explode in their lying faces?