The Tasmanian Tigers defeated the New South Wales Blues in the final at Bellerive Oval, winning the trophy for the first time.

The Final was played between Tasmania and New South Wales from March 19 to 23, 2007.

By virtue of finishing on top of the table at the end of the season, Tasmania won the right to host the final at Bellerive Oval.

Highlighted by individual efforts from Ben Hilfenhaus, Damien Wright and man-of-the-match Luke Butterworth, Tasmania won convincingly by 421 runs to claim their maiden first-class championship, after finishing runner-up three times.

They had only been competing full-time since the 1982/83 season; before that, when they joined the competition, they only played one game against every state.