Thank you for your reply.
I took the trouble to look at the two successful Australian companies you mentioned.
CSL being by far the larger of the two with a turn over of 10 billion plus annually and employing 25000 world wide.
Company originally owned by the Australian Government and made public .
The software company Atlassian founded in 2002 , turnover of 2 billion and 5700 employee's
Thank you for pointing them out to me. However when the GDP of Australia is looked at closely my remark about Australia is not incorrect.