The basis of the show is about INXS taking drugs, having sex and so on.
In Episode 1: There are many breasts and sexual terms, including a comedic scene which shows a woman riding a man. (Shown from the waist upwards).
Michael has sex with a girl in a van while the rest of the band waits for him on stage at a concert. There is fast thrusting, with her on top 'riding' him. No nudity; they are both fully clothed. It is a 'rushed' sex scene, rather than intimate.
All members of the band get on stage at a concert, turn with their backs facing the audience and bare their buttocks. Following this, several women from the audience run up on stage and are sprayed with beer by the band members. A few brief shots are shown of bare breasts as they lift up their tops to be sprayed.
In a flashback scene, Michael as a young teenager walks in on his baby-sitter while she is naked (her back to the camera). Michael backs away, embarrassed, but she turns around and says to him "it's ok to look". There is quite a lengthy front-on shot of her naked from the waist up.
Michael is shown naked asleep in bed with two naked women in a hotel room. Their breasts can be seen, though the scene is not particularly focussed on their nudity. Another man enters the room and gives Michael good news, at which he leaps out of bed and stands naked on the balcony, yelling. His bare buttocks can be seen at a distance.
On arrival in South America, one band member has a large penis ornament in his bag which he tries to hide from the security guards (it is meant as a humorous scene).
On the band's South American tour, there is a concert where several topless women feature on stage; their breasts are seen.
During the band's wild, behind-the-scenes antics, there is some nudity. Naked women are chased around rooms and hallways, while some stand around topless. A topless girl plays a saxophone.
In Episode 2: There is no nudity, though there is a sex scene between two main characters that lasts about a minute which is shows their half naked bodies, including the man's bare buttocks.