  We measure the redshift-space power spectrum P(k) for the recently completed
IRAS Point Source Catalogue (PSC) redshift survey, which contains 14500
galaxies over 84% of the sky with 60 micron flux >= 0.6 Jansky. Comparison with
simulations shows that our estimated errors on P(k) are realistic, and that
systematic errors due to the finite survey volume are small for wavenumbers k
>~ 0.03 h Mpc^-1. At large scales our power spectrum is intermediate between
those of the earlier QDOT and 1.2 Jansky surveys, but with considerably smaller
error bars; it falls slightly more steeply to smaller scales. We have fitted
families of CDM-like models using the Peacock-Dodds formula for non-linear
evolution; the results are somewhat sensitive to the assumed small-scale
velocity dispersion \sigma_V. Assuming a realistic \sigma_V \approx 300 km/s
yields a shape parameter \Gamma ~ 0.25 and normalisation b \sigma_8 ~ 0.75; if
\sigma_V is as high as 600 km/s then \Gamma = 0.5 is only marginally excluded.
There is little evidence for any `preferred scale' in the power spectrum or
non-Gaussian behaviour in the distribution of large-scale power.
