Resource deals made up 44 percent of all Australian inbound deals.

The number of inbound deals, however, fell 24 percent.

I don't see a tonne of other strategic inbound deals lined up right this minute.

More inbound deals are also expected as China welcomes foreign direct investment, investors and bankers said.

RESTRUCTURING Last year also was a record year for inbound deals for Australia, as North American investors, in particular, raised their exposure.

The new commission appears to be similar to the U.S. body tasked with vetting inbound deals, known as the Committee on Foreign Investment.

Bankers say the increase in inbound deals are reflected in higher public offers, whereby listed companies are targeted by buyout firms or strategic buyers.

While Japanese companies spent a record $83 billion on overseas acquisitions in 2012, inbound deals totalled just $15 billion.

The average value of Australian inbound deals is the highest on record at $127 million, up 31 percent on the year before.

China was the top nation for both inbound and outbound deals in Asia Pacific for the half-year, attracting $28.5 billion worth of inbound deals.

Inbound deals will drive India's volumes, he added.

Inbound deals into Asia dropped 12 percent this year to $423.7 billion, broadly mirroring the fall in Asian deal flows.

Inbound deals slumped 86 percent to $2.9 billion in the current quarter from April-to-June, according to data compiled by Thomson Reuters.

Inbound deals also fell and the largest transaction was Diageo's acquisition of 53.4 per cent stake into United Spirits for $2.1 billion.