Billabong On Island Time boardshorts. Beachy boardshorts from Billabong in a tropical print. High-waisted boardshorts silhouette with a relaxed fit. Made in part with recycled materials in a lightweight feel that's easy to move in. Drawstring at the waist with a hook & loop fly. An icon in the surf industry for decades, Australian brand Billabong got its start when founder Gordon Merchant started producing board shorts by hand in 1973. Now, they maintain a prominent presence among surfers, while also creating swimwear that looks just as good lounging on the beach as it does riding the waves.