This motion picture has a steady, haunting pace backed up with great acting (one of Chamberlain's best performances) and a story that is revealed to us over time.
Beyond that, the music fully establishes the mood and assists in maintaining an uneasy, cautious and somber tone.
Weir's story is enhanced by using aboriginals, their stories and their tensions with the dominant white population to deliver a fantasy tale that is ominous.
Although they are unrelated in story as well as genre, this maintained the same feeling within me as Ursula Le Guin's "Lathe of Heaven" (1980).
"The Last Wave" is a dramatic thriller with some shocking moments. Remember, "hacking and slicing" doesn't make a film a horror movie, it's the psychological element of fear and trepidation that rests within us all.