Mulwala /mʌlˈwɑːlə/ is a town in the Corowa Shire local government area in the Riverina district of New South Wales, Australia. The town is situated on Lake Mulwala, an artificial lake formed by the damming of the Murray River. At the 2006 census, Mulwala had a population of 1,986 people. The town's name is derived from an aboriginal word for 'rain'.