Banksia elegans, commonly known as the elegant banksia, is a species of woody shrub that is endemic to a relatively small area of Western Australia. Reaching 4 m (13 ft) high, it is a suckering shrub that rarely reproduces by seed. The round to oval yellow flower spikes appear in spring and summer. Swiss botanist Carl Meissner described Banksia elegans in 1856. It is most closely related to the three species in the subgenus Isostylis.

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