Dolly (stylised in all-caps) was an Australian bimonthly teen magazine started in 1970 by Fairfax Ltd. in Australia and New Zealand, and purchased by ACP in 1988.

[2][8] In June 2020, Dolly was acquired by Sydney investment firm Mercury Capital as part of its acquisition of the Bauer Media Group's former Australian and New Zealand titles.

[16] In 2005, Dolly came into media attention for taking advantage of young people wanting to get into the magazine industry.

Dolly was accused of soliciting, publishing and ridiculing unpaid articles from hopeful young women looking for a job in magazine journalism.

[17] In Dolly's May 2007, a picture of a runway model's genitalia was published in a section called Dollywood Gossip.

[18][19] Editor Bronwyn McCahon stated that "we did cover the area originally, and the little spot we used somehow fell off the page just before printing and we didn't notice".