Global Investors Strike Multi-Billion Dollar Deals for Undervalued Australian Assets

Key Facts

1EQT has struck a $6.5 billion deal to acquire an Australian waste management group.

2Dai-ichi Life is targeting a wealth manager as part of a broader wave of Australian deal-making.

EQT has struck a $6.5 billion deal to acquire an Australian waste management group. The Financial Times reported that the move is part of a broader wave of Australian deal-making, which includes Dai-ichi Life targeting a wealth management entity.

Global investors are taking advantage of relatively cheap Australian asset valuations to consolidate positions in infrastructure and financial services. This surge in activity follows data from October 13, 2026, showing NAB Business Confidence fell to -13, while the unemployment rate held at 4.7% as of October 15, 2026.

Hauser, a member of the Reserve Bank of Australia, is scheduled to deliver a speech on October 20, 2026, which may provide further context on the economic conditions driving domestic asset attractiveness.