The Shire of Mount Magnet is a local government area in the Mid West region of Western Australia, about 570 kilometres (354 mi) north-northeast of the state capital, Perth. The Shire covers an area of 13,692 square kilometres (5,287 sq mi), and its seat of government is the town of Mount Magnet. The Shire of Mount Magnet current president is Jorgen Jensen, manager and owner of Yoweragabbie Station.

Mount Magnet is a town in the Mid West region of Western Australia. It is one of the region's original gold mining towns, and the longest surviving gold mining settlement in the state. The prominent hill that is adjacent to the current townsite was called West Mount Magnet in 1854 by explorer Robert Austin, having named a smaller hill 64 km away, East Mount Magnet. Both hills had an extremely high iron content which affected the readings of his compass. West Mount Magnet had its Aboriginal name reinstated by the Surveyor General in 1972, "Warramboo," meaning campfire camping place. The magnetic variation at Mount Magnet is zero: magnetic north equals true north.