Journalist Libbie is taking over the "Dear Collette" sex advice column at her newspaper from veteran reporter Harry, who is retiring.

[1] The budget was larger on the sequel in an attempt to attract a bigger audience; in contrast with the original, where only one of the ten stories was lip sync and the rest in voice over, all the stories in Fantasm Comes Again had lip sync dialogue.

The film sold well around the world but was not as popular as Fantasm at the Australian box office.

[1] Ginnane blamed the fact by the time it was released there was a glut of sex films on the market and the delay caused by censorship hold ups.

[2] Ginnane later said that he felt Colin Eggleston was just as competent a director as Richard Franklin but thought his sense of humour was different "and perhaps it didn't suit the material as well".