Ok so I am over a week late to wish my Aussie friends a Happy Australia Day but other posts came up first. Long time Bearmaniacs might remember a similar cartoon that I did in 2009 (see post here). In that post it was all about how Aussie men confessed to not changing their undies for days and the fact that, like their American Brothers, are an obese bunch.
Someone on G+ found it and linked to it and then Dunken Bliths used his magic to animate and change the word balloon just in time for Australia Day.
For the uniformed what we call Speedos are known as Budgy Smugglers in Australia. A Budgie is a small parrot native to Australia and the look of some guy wearing this bathing suit is like someone smuggling a Budgie in their pants. Some guys decided to make a brand called Budgy Smugglers (mispelling Budgie but not wanting to change it).