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P

Pack of galahs (pack of bludgers) : group of people held in contempt by the speaker
Pack of galahs (pack of bludgers) : group of no hoper individuals
Packing'em : scared or frightened
Paddle-pop : a popsicle
Paddo : Paddington. A trendy (older) suburb of Sydney, NSW
Packa-poo-tickets! : disorder, confusion, incorrect
Passion pit : a drive-in motion picture theatre
Panic merchant : a person who panics easily
Paralytic : extremely drunk
Paddock : see 'long paddock'
Pass over the Great Divide : to expire or end
Pash : an enduring, long and passionate kiss; hence "pashing off"
Pavlova : a rich and tasty, creamy like Australian dessert
Paw paw : a papaya fruit
Peckish : a feeling of mild hunger
Perk : a bonus, something not usually expected
Perve (noun & verb) : staring lustfully at the opposite sex
Petrol garage : gas station
Pick the eyes out of a peacock : take the best of everything
Pie eater : resident of South Australia
Piece of cake : a simple task
Piece of piss : an easy task
Pig's arse! : I don't agree with you at all
Piker : Somebody who doesn't wish to fit in with others especially socially, leaves a party early, a person who spoils the fun for others
Pink slip, get the : get the sack (derived from the colour of the job termination form)
Pint : large glass of beer (especially in South Australia)
Piss : beer. Hence "hit the piss", "sink some piss"
Piss in someone's pocket : to flatter someone; win them over with smooth talk
Pissant : See "Game as a pissant"
Pissed as a newt : totally drunk
Pissed as a parrot : drunk
Piss in the wind : to behave ineffectually
Pisspot : a person who is a heavy drinker
Piss up : party
Pisswacker : a variety of cicada that urinates on you when you pick it up
Pissweak : devoid of all strength
Plate, bring a : Instruction on a party, picnic or BBQ invitation to bring one's own food
Platypus : a small fury aquatic mammal indigenous to Australia having a unique duck-like bill
Plonk : really cheap wine
Plonk down : to sit oneself down quickly
Pokies : poker machines, gambling slot machines
Polly : Australian politician
Pom, pommy : a person from England
Pommy bastard : an Englishman
Pommy shower : using deodorant instead of taking a shower
Pommy's towel, as dry as a : very dry - based on the canard that Poms bathe about once a month
Pong : a rotten smell, stench or odor
Porky : Lie, untruth (pork pie is a lie)
Port : a favourite suitcase (portmanteau)
Postie : postman, mailman
Post : to mail a letter
Postcode : zipcode
Pot : 285 ml beer glass in Queensland and Victoria
Potty : silly, foolish, a little crazy
Pozzy : position - get a good spot or pozzy at the footy
Power point : an electrical outlet or receptacle
Pub : a licenced bar or hotel
Publican : owner of a (pub) hotel
Pull ya' finger out : rush, hurry up, speed up
Pull ya' head in : be quiet! Or, keep your opinion to yourself
Punt : a calculative risk, mild gamble
Put a sock in it! : shut up! Be quiet!
Putty : see "Up the putty"
Pram : a baby stroller
Prang : a motor vehicle accident or collision. E.g. "didja' see that six car prang!"
Prawn : shrimp. See also "come the raw prawn"
Prezzy : a wrapped present, gift