Watch on Soap2day. When the first wave of punk broke Australian shores in the 1970’s it was met with a fierce embrace that still reverberates. Adopted and adapted with fearsome intensity by disenfranchised, pre-globalisation Australian kids against the isolation and cultural vacuity of mainstream Australia, punk was a DIY counterculture - a profound, lived, visceral critique of late 20th century capitalism. Australian punk chose values and agendas that for many have become lifelong.