Bain data displays Australian deal-building has just had its best first half since 2021

These days, the extent of your engagement with a local host is a coded lockbox next to a door.


Tariffs and volatility be damned, Australian deal-building is having its best start to the year since 2021.

Data from Bain & Co displays mergers and acquisitions deal value grew 97 per cent in the first half of 2025, compared with the first half of last year, hitting $US63 billion ($91.6 billion). Australia is also punching above its weight, exceeding global M&A deal value growth, which has grown by 23 per cent compared with 1H 2024.

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