The song features a signature Kirk Pengilly sax solo and lyrics about a partying lifestyle. The first line "Live, baby, live", was later referenced in the title of the bands' 1991 release Live Baby Live. The track is notable as being the first track to be performed at the London Astoria, and it was later covered by Welsh band The Automatic at the final performance at the venue in 2009.
The song was used in a commercial for SeaWorld in 1996-1997, shortly before Michael Hutchence's death.
In February 2014, after the Channel 7 screening of "INXS: Never Tear Us Apart" mini-series, "New Sensation" charted again in Australia via download sales. It peaked at no. 56 on the ARIA Singles Chart.