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Australian Slang Guide
BEE'S KNEES: Someone or something considered the ultimate in style, novelty or cleverness.
BEAUT: Beautiful, lovely, great. Also used as a noun meaning something beautiful, lovely, great.
BEWDY: Beaut, beauty. Usually used as an interjection.
BICKIE: also bikkie. Biscuit. big bickies. A lot of money.
BIG SMOKE: The city.
BILLABONG: A waterhole.
BILLY: Container for boiling tea.
BIZZO: Also bizo. Business.
BLOKE: Man.
BLUDGER: Lazy person, usually applied to one who lives on the dole and who doesn't try finding work.