Eutaxia microphylla, also known as common eutaxia, is a shrub species in the family Fabaceae. The species is endemic to Australia.
The plants grow to between 30 and 40 centimetres high. The small, grey green, narrow to ovate leaves are 2.3 to 4 mm long and 0.6 to 0.9 mm wide. The single pea flowers have dark red keels, yellow-orange wings and a yellow-orange standard with red markings on the rear. These are produced between July and October in the species’ native range.