The story of a crazy film company attempting to make the first 'talkie' in Australia. Two divas compete for the main role.

When Bill, a worker at Woolloomooloo Wharf, breaks his leg, his wife, Nell has to go to work. She's successful, saving her daughter money, but she gets sick and dies after the operation, promising to raise Peggy the lady.

Bill is a Woolloomooloo larrikin who vows to abandon his life of gambling and drinking after a spell in gaol following a raid on a two-up game. He falls in love with Doreen, who works in a pickle factory, but faces competition from a more sophisticated rival.