For the uninitiated, Budgie Smugglers are a tight pair of men's swimming briefs that leave very little to the imagination. For some reason favoured by old men on Australian beaches...
In case the writing is too small, here's the transcript:
"Outside the Kingom Hall"
Elder 1: The sisters seem to be enjoying the new light on standards of dress!
Elder 2: Wait'll you see the pair of Budgie Smugglers I've got on order when I wear them next week!
Elder 1: ...