The season consisted of five conferences: South, North, Central, West and East.

The NBL1 had expanded in 2022 with the East Conference introduced alongside the South, North, Central and West.

[17] Ally Wilson of the Norwood Flames was named women's grand final MVP while Lachlan Olbrich of the West Adelaide Bearcats was named men's grand final MVP.

[33] The 2022 defending champions, the Warwick Senators women and the Rockingham Flames men, earned automatic qualification into the 2023 NBL1 National Finals.

[35] The Senators women finished the 2023 West season in fifth place and lost in the semi finals while the Flames men finished the 2023 West season in first place and lost in the preliminary finals.

[34] The six women's and men's teams faced off on Friday and Saturday for a spot in the Championship Games on Sunday.

On Sunday, the top two point scores over Friday and Saturday played in the Championship Game.

[34][36] Both South Conference teams were victorious in the Championship Games, with the Bendigo Braves women and the Knox Raiders men being crowned NBL1 National champions.