In Q3 2022, there were 377 M&A deals in Australia worth US$17.7bn, and the transaction value decreased by 85.4% compared with Q3 2021. The most significant decrease in total transaction value was from the domestic M&A market, representing a 92.9% decline.

Compared with YTD 2021, in YTD 2022, domestic, inbound, and outbound M&A markets decreased in total transaction value. Total domestic transaction value decreased the most (- 81.0%), contributed mainly by a drop in utilities, information technology, and industrials sectors.