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Our 5th annual report reviews M&A transactions and prevailing trends driving cross-border investment.

In this report, we review the transactions and partnerships from 2021, key drivers for the future, and our predictions for 2022 and beyond.

Our report reveals a continued growth in the Japan-Australia investment relationship. The highlight of 2021 is the explosion of new energy partnerships (particularly in hydrogen and ammonia) that involve more Japanese and Australian parties working collectively at a project level than ever seen before, to bring together the required technology, financing and logistics supply chain infrastructure to make the new energy economy a reality.

Driven by Japan’s need to ensure secure sources of imported energy in a decarbonising world, the partnerships will have an essential role if Australia is to continue as the main energy supplier to Japan leading up to 2050 and beyond. These new energy partnerships are a distinct third paradigm in the Japan-Australia business relationship and will form the basis of significant new investment over the next 5-10 years.

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View the English version here

日本語版はこちら

Key contacts

Ian Williams photo

Ian Williams

Senior Adviser, Brisbane

Ian Williams
Damien Roberts photo

Damien Roberts

Partner, Sydney

Damien Roberts
Melissa Swain-Tonkin photo

Melissa Swain-Tonkin

Partner, Brisbane

Melissa Swain-Tonkin
Andrew Blacoe photo

Andrew Blacoe

Head of Corporate, Asia, and Managing Partner, Tokyo, Tokyo

Andrew Blacoe
Elizabeth Charlesworth photo

Elizabeth Charlesworth

Partner, Sydney

Elizabeth Charlesworth
Joseph Fisher photo

Joseph Fisher

Partner, Tokyo

Joseph Fisher

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Tokyo Melbourne Sydney Brisbane Perth Corporate Mergers and Acquisitions Project Finance Joint Ventures and Investments Infrastructure Energy Mergers and Acquisitions Renewables Infrastructure Public Policy and International Trade Ian Williams Damien Roberts Melissa Swain-Tonkin Andrew Blacoe Elizabeth Charlesworth Joseph Fisher