A massive wrap party took place on Saturday night for Baz Luhrmann's romantic war epic Australia, which began its long filming schedule back in April and will finally wrap this coming Friday. The film tells the story of Lady Sarah Ashley's (Nicole Kidman) journey from England to the Australian outback to visit her husband's ranch, Faraway Downs. Once there, she meets a rough cattle driver played by Hugh Jackman and an ensuing love triangle situation ultimately culminates with the Japanese bombing of Darwin during the war. (I'm gonna go out on a limb and guess that someone dies.) The film shoot is coming in around a month over schedule and also reportedly well over budget, The Herald Sun reports. There are also apparently still some interiors that will be shot during the coming year, but Jackman and Kidman both have new commitments that they must attend to first, he Wolverine and she that movie with Ralph Fiennes.

Also, several outlets are reporting that Luhrmann is courting Elton John to contribute to the movie's soundtrack. John is known to have visited the Australia set last week to watch some filming and while there, he was taken to a screening room to see an early assemblage of footage. When asked for comment, he reportedly declared that the film could be "like Titanic on dry land." John's visit to the set coincided with the filming of some kind of big ballroom sequence and Luhrmann arranged to have the band play one of John's old songs, as part of this musical seduction dance. Australia is currently scheduled to arrive in theaters in November, 2008.