The event started in 1933 as the South Australian Close Championship.

The South Australian Brewing Company did not renew its sponsorship.

Due to economic trouble in the country no other companies were willing to sponsor the event.

The event was retitled the Jacob's Creek Open Championship from 2002 to 2007, sponsored by the Jacob's Creek wine brand, and was co-sanctioned during that period by the United States–based Nationwide Tour.

After Jacob's Creek withdrew their support following the 2007 edition, the search for a new sponsor proved fruitless and the tournament was cancelled.