Several interconnecting stories of love, loss, desire and despair, among both gay and straight characters. The main story concerns Anna, a successful but lonely novelist, who falls for Finola, a vivacious young writing student, who is involved with the troubled Cindy. Paul, keen on Anna, is pursued by Martin; and Evan and Skye, a young couple, experience problems.

The place is Melbourne, Australia 1978. The punk phenomenon is sweeping the country and Dogs In Space, a punk group, are part of it. In a squat, in a dodgy suburb, live a ragtag collection of outcasts and don't-wanna-bes who survive on a diet of old TV space films, drugs and good music. And the satellite SKYLAB could crash through their roof at any moment...