The 2012 South Sydney Rabbitohs season was the 103rd in the club's history. They competed in the NRL's 2012 Telstra Premiersip under rookie coach Michael Maguire and finished the regular season 3rd (out of 16), Having made the finals for the 2nd since 1989, the Rabbitohs then came to within one game of the 2012 NRL Grand final but were knocked out of contention by eventual grand finalists the Canterbury-Bankstown Bulldogs.