Palana is a rural locality on Flinders Island in the local government area of Flinders in the North-east region of Tasmania.

It is located about 45 kilometres (28 mi) north of the town of Whitemark.

The 2016 census determined a population of 21 for the state suburb of Palana.

[2] Bass Strait forms the western, northern and eastern boundaries.

[3] The B85 route (Palana Road) enters from the south-west and runs to the village in the north-west.