Margaret Hannah Olley AC was an Australian painter. She was the subject of more than ninety solo exhibitions. Her work concentrated in still life.

In 1997 a major retrospective of her work was organized by the Art Gallery of New South Wales. She received the inaugural Mosman Art prize in 1947. Olley was twice the subject of an Archibald prize winning painting; the first by William Dobell in 1948 and the other by Ben Quilty in 2011. She was also the subject of paintings by many of her artist friends, including Russell Drysdale.

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