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| Cricket format | One Day International |
|---|---|
| Tournament format(s) | Knock-out |
| Host(s) |  United Arab Emirates |
| Champions |  Pakistan (1st title) |
| Runners-up |  India |
| Participants | 5 |
| Matches | 5 |
| Player of the series | SM Gavaskar |
| Most runs | SM Gavaskar (163) |
| Most wickets | Wasim Akram (7) |
The 1986 Austral-Asia Cup was held in Sharjah, UAE, between April 10–18, 1986. Five national teams took part: Australia, India, New Zealand, Pakistan and Sri Lanka.
The 1986 Austral-Asia Cup was a knock-out tournament. Sri Lanka qualified automatically for the semi-finals by virtue of winning the 1986 Asia Cup. Despite losing their first-round match, New Zealand qualified for the semi-finals as the first-round loser with the lesser margin of defeat.
Pakistan won the tournament, defeating India in the final, and won US$40,000.
The tournament was played for the joint benefit of Vijay Hazare, Dilip Vengsarkar, Javed Miandad and Wazir Mohammad.[1]
- ^ Frindall 1997, pp. 192–194.