Each of the regional, state or territory-based member federation is granted a team allocation for entry into the main competition, joining clubs from A-League Men.

Macarthur FC are the defending champions after defeating Melbourne Victory in the 2024 final for their second Australia Cup title.

However, a sustainable national knockout cup competition that encompassed clubs on all levels of Australian league system has been hard to realise.

[11] The first member federation club to qualify for the FFA Cup was Tuggeranong United from the Australian Capital Territory.

In late 2020 the FFA announced that future winners of the cup would earn an Asian Champions League preliminary round spot.

[13] However, this did not occur, in part because the competition was re-formatted[14] and Australia lost some qualification slots for the 2023–24 AFC Champions League.

The first club to qualify via this method was North Eastern MetroStars from South Australia who won the 2014 National Premier Leagues Finals Series.

In the event of a match being drawn after the completion of 90 minutes, extra time is played, followed by a penalty shoot-out if required.

[19] Wellington Phoenix have additional restrictions imposed as they are a New Zealand-based team, and must play all of their matches in Australia, away from home.

[36] On 25 November 2024, it was announced that beverage company Hahn would become the naming rights sponsor of the competition from 2025 onwards, in a three-year deal.

Named after the late former journalist and broadcaster, the Michael Cockerill Medal recognizes the tournament's standout performer from a Member Federation Club.

[58] Internationally, several FFA Cup matches were broadcast live in South Asian nations, such as: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka, after a three-season deal with TEN Sports in 2014.

[60][61] From 2017 onwards, 5 FFA Cup matches (from quarter finals) were broadcast live by beIN Sports in Asia-Pacific nations, such as: Brunei, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, and Thailand.

7 FFA Cup matches were broadcast live by BT Sport in the UK and Republic of Ireland.

In 2017 the ABC held the Radio broadcast rights for FFA Cup matches, including the Final.

[63] In 2021 Network 10 and Paramount+ obtained the TV broadcast rights for the next 5 years, starting from the round of 32 of the FFA Cup/Australia Cup all the way until the finals.