Daviesia schwarzenegger is a species of flowering plant in the family Fabaceae and is endemic to south-eastern continental Australia.

It is a dense, mounded shrub with sharply-pointed phyllodes and yellow and dark red flowers, and resembles Daviesia devito apart from its more robust growth habit and the surface of its dried foliage.

Flowering occurs in September and October and the fruit is a broadly triangular pod 5–7 mm (0.20–0.28 in) long.

The authors also acknowledged Schwarzenegger's "pioneering the reduction of carbon emissions and for advising the Australian government to do the same".

[2][7] Daviesia schwarzenegger grows in mallee and woodland in scattered populations from the Eyre Peninsula in South Australia, to the area between Charlton and Rushworth in Victoria, and to near Condobolin in New South Wales.