Great cast. Great director. Great premise. So what happened? The script is patchy and the interpretation of same woeful at best. It's not the subject material: Satanistic leanings within ANY government would seem to be a given. Brrrr! It's the complete lack of engagement, characterwise, by ANY of the cast. CAMP is OK, but this seems a pale rendition of the "Rocky Horror Picture Show" without the songs and over-the-top kitsch. In fact, it's the soundtrack that saves this abomination from the trashcan.
Australian films, at least HUMOROUS ones, tend to fall flat when they attempt parody or satirical-humour per se. It's not that we can't do it... it's more that we do it best on television. There is something episodic about "A Little Bit of Soul": the editing is woeful and the dialogue patchy.
Like a lot of things we in Oz do: couldabeen.