Here's a simple way of looking at it: Norway has converted its resources into a $1 trillion pot of funds, while Australia has, to a first approximation and over

Here's a simple way of looking at it: Norway has converted its resources into a $1 trillion pot of funds, while Australia has, to a first approximation and over a longer time frame, zero or less (the country runs a budget deficit). So it doesn't really matter if the input is 3 or 30 times bigger if the function converting it into output is broken.