Howling III (also known as Howling III: The Marsupials and The Marsupials: The Howling III) is a 1987 Australian comedy-horror film and the sequel to The Howling, directed by Philippe Mora and filmed on location in and around Sydney, Australia. Starring Barry Otto, Imogen Annesley and Max Fairchild, Howling III is the only PG-13 rated entry in the Howling film series and also the last film in the series to be released theatrically. In this sequel, werewolves have evolved, with females having marsupial-like pouches to nurse their young. Scientists attempt to study them, while soldiers try to track and kill them in the Australian Outback.

Although Gary Brandner, author of the Howling novel series, approved the director's purchase of the rights to the name The Howling and the screen credits claim that it is based on Brandner's novel The Howling III: Echoes, the novel is set in the United States and has a different story than the film, with only slight similarities in terms of plot and a sympathetic view of werewolves. This aspect would be revisited in Howling VI: The Freaks.