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What is You're alright?
A common Australian phrase used to reply similar to "all good", "thats okay", "thanks".
Person 1: *holds open door*
Person 2: "you're alright mate"
Person 1: "Be careful, the floor is slippery"
Person 2: " Cheers mate, you're alright"
Person 1: "Can I have smoko now"
Person 2: "You're alright mate"