Prime Minister Anthony Albanese’s first overseas visit to President Prabowo Subianto underscored defence, trade, and investment as shared priorities. Despite modest current figures—Indonesia ranks as Australia’s 13th largest trading partner—the two nations see vast opportunity to align Prabowo’s Asta Cita agenda with Australia’s Southeast Asia Economic Strategy 2040. With overlapping priorities in energy transition, infrastructure, digital economy, and education, both governments are calling for accelerated action on “low-hanging fruit” initiatives. Stronger people-to-people ties, growing student exchanges, and tourism flows add further momentum. By investing more strategic resources and strengthening two-way investment, Jakarta and Canberra can transform an underrated relationship into a cornerstone partnership for regional prosperity and stability.