Bill 'Buns' Fraser was an Australian rules footballer who played for South Melbourne in the Victorian Football League, and for both South Melbourne and Port Melbourne in the Victorian Football Association. Through the early 1890s, Fraser played as a forward for Port Melbourne. He kicked 40 goals in the 1892 season. Prior to 1895, he was cleared to South Melbourne, where he played in both the VFA and VFL until 1904. Fraser captained South Melbourne in its first two VFL seasons. He could play a variety of positions and was used as a winger, forward and centreman during his career. Fraser was a forward pocket in the 1899 VFL Grand Final loss to Fitzroy.