The Labor Party, led by Premier John Willcock, won a fourth term in office against the Country and Nationalist parties, led by Opposition Leader Arthur Watts and Robert Ross McDonald respectively.

The election was delayed from its intended date of February 1942 by the Legislative Assembly Duration and General Election Postponement Acts (No 51 of 1941, assented 16 January 1942, and No 18 of 1942, assented 9 December 1942) due to the war.

He ultimately joined the Labor Party and became a minister in the Bert Hawke government in the 1950s.

Apart from Labor gaining two seats from the Country Party (Avon and Greenough) and one from the Nationalists (Nelson, where Ernest Hoar defeated the incumbent member by just 17 votes), no changes took place at the election.

An interesting race in Mount Marshall opened up by the retirement of incumbent Country member Frederick Warner ended with the Country candidate, Hugh Leslie, victorious against the ALP and former minister John Lindsay.