Have a look at where we are (# 29) in GDP/Capita. Pissfart countries such as Qatar & UAR (oil/gas rich) are up there & of course Ireland & Singapore is up there too thanks to Australian profit being channelled via these tax havens at our expense.
(Apple Australia is owned by Apple Ireland for example & most of our major exporters (eg RIO , BHO & FMG) have marketing hubs in Singapore through which the funnell product to minimise Aussie tax. Glencore funnells product via its Swiss parent to its customers which is the subject of current litigation with the ATO for over half a billion)