A phenetic study of morphological characters of the Drosera peltata complex (Droseraceae) supports the recognition of the following taxa: D. peltata from wetlands of south-eastern Australia; D. auriculata from south-eastern Australia and New Zealand; the morphologically variable D. hookeri from south-eastern Australia and northern New Zealand; the widespread D. lunata from southern and South-East Asia, as well as northern and north-eastern Australia; and the new species D. yilgarnensis R.P.Gibson & B.J.Conn is here described, from around granite outcrops of south-western Australia. D. bicolor from south-western Australia is recognised as a distinct species outside of the D. peltata complex. D. insolita, considered until recently as a distinct species, is reduced to synonymy of D. lunata. Phenotypic plasticity, vegetative similarity and fleetingly produced diagnostic floral and seed characters within the complex pose significant challenges in understanding the taxonomy of these taxa.