This Australian crime drama chronicles the life of notorious, keen witted, acid tongued 1920s Melbourne gangster Squizzy Taylor. Wormy and diminutive, yet cunning and determined small-time hoodlum Squizzy Taylor rises to prominence and popularity in Melbourne, Australia in the 1920's. Squizzy romances brash moll Dolly and works for bookie Henry Stokes before branching out on his own while being hounded by the police and courted by the press the whole time.

An unknown, tucked-away, medieval island is threatened by the advent of big business. A wealthy business man wants to develop the untouched island, which could then be ruined by the subsequent pollution.