Floodplains are key components of inland river systems of Australia with floodplain vegetation playing important roles in habitat provision, nutrient cycling, and supporting strong cultural values. These vegetation communities are highly dynamic, particularly in response to flooding. However, decades of water development and highly managed water resources are linked to wetland habitat decline in this region. We explored patterns of vegetation response to flooding over twenty years at the Narran Lakes Ramsar site, a terminal floodplain wetland system in the northern Murray-Darling Basin, Australia. We collated data from previous monitoring efforts and resampled permanent plots for understorey vegetation structure and composition. Three flood events were surveyed over a 20-year period, with each event surveyed on two occasions first, following initial drawdown (minimal standing water) and a second survey under dry or drier conditions (similar to 6 months after the recession of floodwaters). Overall, we observed a high diversity of native plant species (similar to 110 species) in understorey communities across the wetland and high compositional turnover both between flood events and within years (i.e., paired surveys). Notably, vegetation cover, but not species richness, was greatest in the 2023 survey following the largest of the three flood events investigated. Understorey composition was strongly driven by inundation regimes, particularly the duration of recent inundation, and the number of wet and dry years prior. Large flood events are critical for supporting vegetation resilience in these systems, increasingly so under a drier climate and with stretched water resources. Continued long-term monitoring of vegetation through flood cycles at the Narran Lakes will be critical to understanding ecological responses to longer-term changes in climate and hydrology to inform adaptive water management and maintain the values of this Ramsar site.