Banksia sceptrum, commonly known as the sceptre banksia, is a plant that grows in Western Australia near the central west coast from Geraldton north through Kalbarri to Hamelin Pool. It extends inland almost to Mullewa. First collected and grown by early settler James Drummond in Western Australia, it was described by Swiss botanist Carl Meissner in 1855.

In nature, B. sceptrum grows in deep yellow or pale red sand in tall shrubland, commonly on dunes, being found as a shrub to 5 metres (16 ft) high, though often smaller in exposed areas. It is killed by fire and regenerates by seed, the woody follicles opening with fire. B. sceptrum is one of the most striking yellow-flowered banksias of all. Its tall bright yellow spikes, known as inflorescences, are terminal and well displayed. Flowering is in summer, mainly December and January, though flowers are occasionally seen at other times.

The common name 'sceptrum' is due to the prominent spiky bracts which resemble a ceremonial mace (a sceptre).