Typically, this is for kids - particularly siblings, in our case anyway... it can only be said before midday. Basically whoever remembers it's the first day of the new month first races up to someone and punches them on the arm, saying "pinch and a punch for the first day of the month." the other kid - if they can catch the first, who typically runs away (if they know what's good for them!) as fast as they can, can say things like "a hit and a kick for being so quick," "pinch and a pull for being so cruel," and maybe others - help me out here if you know others! - all accompanied by the appropriate gestures. I have no idea how or where this originated; I can't believe it's exclusively Aussie!

alexis