The 1962 season was the first season of national competitive soccer in Australia and 79th overall. The Australian Soccer Association introduced their Australia Cup, a knockout tournament.
New South Wales won the first Australian Interstate Championship sponsored by the Australian Federation. The total attendance for all Australian Interstate Championship matches was 64,000.
New South Wales won the two-legged final 7âÂÂ4 on aggregate.
The competition began on 2 November 1962. Sixteen clubs had entered the competition with the final two clubs Yugal and St George-Budapest qualifying for the Final. Yugal won the final 8âÂÂ1 with four goals from Tiko JelisavÃÂiÃÂ, two goals from Eric Schwarts and one goal each for Tony Nincevich and Slavko Pacanin.