It spent one week on top of the Australian (Kent Music Report) album chart and reached number seven on the Billboard 200.

[1] The Jim Steinman-written and produced track "Making Love Out of Nothing at All" had been released in July as a single.

Stephen Thomas Erlewine of AllMusic reviewed the 1988 Arista Records version of Greatest Hits and rated it at four-out-of-five starts, "[it's] all that most Air Supply fans need, at least casual fans, but even the hardcore followers are sure to like having such a concentrated dose of hits in one package.

"[4] Australian writer Glenn A. Baker described how they used their "undeniably American laid-back style" to provide "six Stateside top ten hits", which are included on this compilation.

[6] He considered the songs' writers, aside from band member Graham Russell, who "continued to pen excellent commercial songs, outside hitwriters (such as Lee Greenwood and the legendary Howie Greenfield) were also engaged to keep the hits flowing.