What makes Sink or Swim by The Waifs notable?

'Sink or Swim' received critical acclaim, leading to the band being nominated for an ARIA Award for Best Folk Album. The album's success helped solidify The Waifs' presence in the Australian music scene and contributed to the growing popularity of indie-folk across the country. Released in 2002, 'Sink or Swim' marked The Waifs' second album, following their self-titled debut. At this point, the band was beginning to establish a loyal fanbase and refine their sound, blending folk rock with personal narratives and rich harmonies.