Tallowwood or tallowood (Eucalyptus microcorys) is a Eucalypt species native to and common in New South Wales and Queensland, Australia. It grows in forests near the coast on moderate to fertile soils in a protected, sunny position. Tallowwood is drought and frost tender.

It is a tall evergreen tree growing to 40 metres, occasionally to 70 m, with rough, fibrous, soft and spongy orange bark and a dense crown. The flowers are produced in umbels of 7-11.
Tallowwood is so named owing to the greasy feel of the wood when cut. It is one of the species whose leaves are used for food by Koalas.
The timber is naturally oily with a high tannin content and is heavily used for decking and, recently, garden furniture. It has a distinct yellowish-brown to olive-green colour. The leaves can be used to dye wool and silk.

The nectar of tallowwood is much prized by apiarists.

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