The 1994 Austral-Asia Cup was a cricket tournament held in Sharjah, UAE, between April 13–22, 1994.

Six national teams took part: Australia, India, New Zealand, Pakistan, Sri Lanka and United Arab Emirates.

The teams were divided into two groups of three who played each other, round robin, with the winner and runner-up of each group progressing to the semi-finals.

Pakistan won the tournament, defeating India, in the final.

Australia and New Zealand reached the semi-finals, while Sri Lanka and United Arab Emirates were knocked out in the first round.