Say what you will about Prince Harry, the man doesn't lack a sense ... Team Australia gave Harry a pair of "budgie smugglers" (AKA Speedos), which had the royal laughing uproariously.

In the 2018 Games in Sydney, an Aussie athlete daringly asked for Harry's signature on his Speedos, prompting the prince to quip that he'd oblige if the item were sported atop the athlete's head.

Prince Harry appeared to make his feelings clear ... Harry was handed a pair of Speedos, known as "budgie smugglers" in Australia. "So inappropriate! I love it. Thank you so much," the Duke ...