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1.
1. A lie.
This expression is commonly used in Australia to express disbelief.
"Pig's arse you've got a date with Paris Hilton".
von Tears Forum Admin 8. Februar 2006
 
2.
A phrase used to voice disagreement with anothers assertion or action.
One might say to someone trying to push into a queue, "Pig's arse, back of the line!"
von David_L 27. August 2006
 
3.
An Australian way of saying "yeah right"
Minister: "Prime Minister, apparently George Bush has an IQ of 160."
Prime Minister:"Pigs arse!"
von murphoman 24. Mai 2010