Goldman Sachs has regained its position as the top mergers and acquisitions adviser in Australia for the fiscal year ending June 2026, while Canaccord Genuity emerged as the busiest equity capital markets (ECM) adviser in the country.
The rankings highlight a resilient dealmaking environment despite significant macroeconomic headwinds that challenged corporate boards throughout the year.
This activity contributes to a broader global trend, with worldwide M&A deal value on pace to reach $4 trillion this year.
The Middle East conflict, which drove oil prices higher and intensified concerns about inflation and the global economic outlook, served as a major backdrop for the year’s activity.
According to the Australian Financial Review, these geopolitical pressures tested the country’s top dealmakers, yet boards continued to pursue strategic transactions, looking past global risks to finalize deals.
This activity contributes to a broader global trend, with worldwide M&A deal value on pace to reach $4 trillion this year.
This marks the most active period for corporate consolidation since 2021, driven by a new wave of large-scale transactions.