The 1995 Australian Grand Prix was a Formula One motor race held on 12 November 1995 at the Adelaide Street Circuit, Adelaide. It was the seventeenth and final race of the 1995 Formula One season, and the eleventh and last Australian Grand Prix to be held at Adelaide before the event moved to Melbourne the following year.

In a race of attrition, all the front-running cars retired except for the pole-sitting Williams-Renault of Damon Hill. Hill won by two clear laps, only the second time this had been achieved in Formula One history. Ligier-Mugen-Honda driver Olivier Panis was second, with Gianni Morbidelli achieving his best-ever F1 result with third in a Footwork-Hart. Of the 23 drivers who started, only eight finished.

The Grand Prix had a record attendance of 520,000 during the weekend, with 210,000 on race day.