The 1996 Australian Grand Prix was a Formula One motor race held at Melbourne on 10 March 1996. It was the first race of the 1996 Formula One World Championship, and the first Australian Grand Prix to be held at Melbourne.

The race was won by Damon Hill, driving a Williams-Renault. Hill's teammate Jacques Villeneuve, making his Formula One debut, took pole position and led for most of the race, before an oil leak enabled Hill to catch and pass him in the closing laps. Eddie Irvine finished third in a Ferrari.