The 1992 Fernleaf Butter Classic was a women's tennis tournament played on outdoor hard courts at the Wellington Renouf Tennis Centre in Wellington, New Zealand, and was part of the Tier V category of the 1992 WTA Tour.

It was the fifth and last edition of the tournament and was held from 3 February until 9 February 1992.

Unseeded Noëlle van Lottum won the singles title and earned $18,000 first-prize money.

[1][2] Noëlle van Lottum defeated Donna Faber 6–4, 6–0 Belinda Borneo / Clare Wood defeated Jo-Anne Faull / Julie Richardson 6–0, 7–6(7–5)