Penelope Jane 'Penny' Taylor (born 24 May 1981) is an Australian retired professional basketball player who is now an assistant coach of the Phoenix Mercury.
During her 19-year career, Taylor spent the most time with the Phoenix Mercury of the WNBA, where she won three championships.
She also won the WNBL with her first club, the Australian Institute of Sport, and played in China, Italy, Turkey and Russia.
As part of the Australian woman's national team, Taylor won two Olympic medals and led the Australian Opals to a gold medal at the World Championships, winning tournament MVP honours ahead of teammate Lauren Jackson.