| Year: | 1954 |
| Competition: | New South Wales Rugby Football League |
| Teams: | 10 |
| Count: | 15th |
| Mpcount: | 5th |
| Matches: | 94 |
| Points: | 3613 |
| Top Point Scorer: | Ron Rowles (221) |
| Top Try Scorer: | Ray Preston (34) |
| Prevseason Link: | 1953 NSWRFL season |
| Prevseason Year: | 1953 |
| Nextseason Link: | 1955 NSWRFL season |
| Nextseason Year: | 1955 |
The 1954 NSWRFL season was the forty-seventh season of the New South Wales Rugby Football League premiership competition, based in Sydney. Ten rugby league football teams from across the city competed for the J. J. Giltinan Shield during the season, which culminated in the first "mandatory" Grand Final played between South Sydney and Newtown.
During the pre-season, Queensland and Australian international representative forward, Harold "Mick" Crocker signed a then record one-year deal for an Australian to move south and play for Sydney club Parramatta.[1] 1954 marked the first season when a Grand Final was scheduled to determine the premiership winner. Prior to that the season victors were either the minor premiers or decided by a final that followed two semi-finals. A Grand Final was only played if the minor-premier was defeated in a semi-final or final and exercised their right to challenge via a Grand Final. Since 1954 a Grand Final has been played every year to determine the premiership winner.
This season, in a New South Wales versus England match at the Sydney Cricket Ground, referee Aub Oxford watched in disbelief the players fighting around him like street-brawlers before turning his back and walking from the field. Oxford never refereed again and the match remains the only top-level game ever abandoned in rugby league history.