Banksia aculeata, commonly known as prickly banksia, is a species of plant of the family Proteaceae native to the Stirling Range in the southwest of Western Australia. A shrub up to 2 m (7 ft) tall, it has dense foliage and leaves with very prickly serrated margins. Its unusual pinkish, pendent (hanging) flower spikes, known as inflorescences, are generally hidden in the foliage and appear during the early summer. Although it was collected by the naturalist James Drummond in the 1840s, Banksia aculeata was not formally described until 1981, by Alex George in his monograph of the genus.

A rare plant, Banksia aculeata is found in gravelly soils in elevated areas. Native to a habitat burnt by periodic bushfires, it is killed by fire and regenerates from seed afterwards. In contrast to other Western Australian banksias, it appears to have some resistance to the soil-borne water mould Phytophthora cinnamomi.