Selaginella australiensis is a plant in the spikemoss family Selaginellaceae endemic to northeastern Queensland. It grows in rainforest and closed forest from Cooktown to near Mission Beach, including the Atherton Tablelands. It is a low growing and much branched terrestrial plant inhabiting damp shady locations, typically along stream banks.
This species is listed by the Queensland Department of Environment and Science as least concern., it has not been assessed by the IUCN.