The Realist is the third in a series of magazines associated with the Realist Writers Group (RWG). Initially emphasising a working-class point of view through social realism, the Realist Writer (1952-1954) and the new series of the Realist Writer (1958-1963) were closely associated with Communist Party ideology. The first two series of the RWG's magazine were primarily roneo copied bulletins to circulate the work of members. But by 1963 interest and contributions from outside of the group transformed the magazine into a more national publication with a wider scope and a professionally printed format.
Edited by Ray Williams, the Realist attracted many contributors from the earlier series, including Frank Hardy, Dorothy Hewett, Kath Walker, Katharine Susannah Prichard, Judah Waten and Aileen Palmer. Newer contributors included Len Fox, Wilma Hedley, Ron Tullipan, Dymphna Cusack, Harry Heseltine, Mona Brand, Dal Stivens and Hal Colebatch.
During the late 1960s the RWG was in decline and many of the earlier contributors no longer appeared in the Realist. By 1970 most of the groups had collapsed. The Realist had changed format in 1968, appearing in a smaller, glossier form, but with the decline in RWG membership, subscriptions also declined. The magazine ceased operation in 1970 after producing thirty-five numbers.