The onshore intracratonic Cooper Basin of central Australia developed during the Late Pennsylvanian to Middle Triassic periods at paleolatitudes of approximately 50°S within the Gondwanan sector of the Pangea. Despite the wealth of data available, including the drilling of over 4,800 boreholes, there is limited knowledge about the Cooper Basin’s origins and evolution. To better understand the basin’s geological history, legacy data sets, including composite 2D seismic sections, well logs, measured sections, and 1D burial history models from the west of the basin, are integrated to reinterpret the basin’s tectonic and sedimentary evolution. Interpretation of the seismic sections and calculated subsidence rates indicates an earlier active rift phase with grabens and half-grabens that transitioned, in the latest Permian, into a regional sag phase. The evolution of tectonic styles heavily influenced the paleogeographic evolution of the basin fill and resulting depositional architecture. The basin sediments are entirely terrestrial in nature and facies reflect a transition from glacial environments in the late Pennsylvanian to warmer and drier conditions in the early Triassic. During much of the Permian the basin was underfilled and the relative low influx of fluvial sediment did not keep pace with creation of accommodation, allowing the development of extensive mire and lake systems. Coal beds are up to 30 m thick. By contrast, the basin appears to have been overfilled during the latest Permian to Triassic with rivers flowing along the central axis of the basin. The synchroneity of commencement of rifting, termination of rifting, and commencement of a sag phase within the failed rift systems of the Cooper Basin, the East Gondwana Interior Rift, and the East Australian Rift strongly suggests a continent-wide period of extension related to significant changes in plate motions during the Late Pennsylvanian to Middle Triassic.