aussie

Typically a shortened version of the word Australian. An Australian citizen is usually called an Aussie, sadly, this usually refers to the white, anglosaxen australian when talking about the Stereotypical "aussie".
Stereotypes of an Aussie are.

Heavy consumer of Beer,
Good at and enjoy Sports,
Bunch of singlet, thong wearing yobbos,
Beach goers,
etc etc.

While these are true for certain socio-economic groups in Australia they do not describe the majority of the Australian population, except for the love of a good quality beer, not american beer, (that stuff is awfull, too watery), and being good at sports for the most part, lead lives almost identical to all other western cultures.

Also its a known fact that the Australian government is one of the most successful governments of recent times due to the advances made in public services such as free public health care to everyone who is a citizen, very low unemployment rates, low interest rates, fast stable economic growth, well above average GDP per person, infact in the top 15 of the world i believe if not the top 10, and large surpluses every year, also Australia is one of the few countries that is totally debt free, and continues to maintain its surplus.

Also a note, while the "lebonese", aka "wogs", and the New Zealanders aka "Kiwis" cannot seem to provide positive definitions of Australian culture, for what ever reasons, such as jealousy or misguided contempt and use of ridiculous stereotypes, the average Australian is the same as any other average anglosaxen you'd find in a modern Western Culture, aka, has job, family, is not an alcoholic and earns a decent living.

Aussie, care free relaxed sports loving way of living.

Aussie short term used to describe an Australian

Aussie Aussie Aussie, Oi Oi Oi!

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