At the 42nd Indonesia Update, former Australian Foreign Minister Gareth Evans emphasized that while Australia views Indonesia as its most important partner, Indonesia may not prioritize Australia as highly due to its broader diplomatic agenda. Despite this, initiatives like the Indonesia–Australia Comprehensive Economic Partnership Agreement (IA-CEPA) and Katalis are fostering strong economic cooperation. The key to enhancing bilateral ties lies not in labeling the relationship but in deepening collaboration, overcoming misperceptions, and expanding private-sector engagement.