Sir Wallace "Wally" Alexander Ramsay Rae (31 March 1913 – 18 March 2006) was a member of the Queensland Parliament and served in various State Government ministries. Rae worked as a stock and station agent before serving as a bomber pilot in World War II. After the war, he brought a property located between Blackall and Isisford.He entered the Queensland Parliament sitting as a member of the Country Party in 1956.