The story concerns an attempt by fifth columnists to gain control of Australia's supplies of wolfram, a mineral used in the manufacture of munitions, involving a new wolfram field owned by Francis Jamieson (Marshall Crosby).

A down-and-out clerk happens upon a bag of money. Unknown to him, the money is all counterfeit, forcing the innocent man to become involved with gangsters, as well as federal agents.

Dad and Dave Come to Town is a 1938 Australian comedy film directed by Ken G. Hall, the third in the 'Dad and Dave' comedy series starring Bert Bailey. It was the feature film debut of Peter Finch