1932 was the Australian rugby league Silver Jubilee, the 25th year of rugby league football in Australia.
Rule change: the hooker could strike for the ball with either foot.
Rule change: the advantage rule would apply to accidental offside. (Previously the referee had to award a scrum.)
Rule change: when a penalty was awarded, the team captain could choose either a scrum or a penalty kick.
Balmain moved home ground from Birchgrove Oval to Drummoyne Oval.
A junior rugby league competition was established in the Manly district.
South Sydney won the last of their seven premierships in eight years.
1 South Sydney 14 13 0 1 - 292 130 162 26
2 Western Suburbs 14 11 0 3 - 321 156 165 22
3 Eastern Suburbs 14 9 0 5 - 253 133 120 18
4 Balmain 14 7 1 6 - 204 227 -23 15
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5 Newtown 14 7 0 7 - 201 251 -50 14
6 St George 14 4 1 9 - 140 203 -63 9
7 University 14 2 0 12 - 134 275 -141 4
8 North Sydney 14 2 0 12 - 147 317 -170 4
Semifinals:
South Sydney 26 beat Eastern Suburbs 8.
Western Suburbs 15 beat Balmain 7.
Final:
Western Suburbs 23 beat South Sydney 8.
Grand Final:
South Sydney 19 beat Western Suburbs 12.
Notes: