We do have stand-out examples of Australian-based companies that are doing this well: Amcor, Cochlear and Computershare to name a few.
These organisations have invested in overseas growth, rewarding their shareholders over the long-term.
But the only problem as I see it is there are too few names on this list - and it's the same names repeatedly cited.
Why do not have the likes of Atlassian on the list.
Here's a young technology company taking on the world but they moved to Britain of all places given it has better access to capital and a better tax structure for international firms.
We can do worse than look to Britain for guidance.
Australia has taken its eye off the ball. Our outward direct investment has fallen steadily over the last decade, compared with the OECD average.
While for much of the 1990s and early 2000s we benefitted from the resources boom, we need to shift focus to the industries of tomorrow such as technology and services.
This will complement our already strong position in tourism, agriculture and of course natural resources and help generate further income and jobs.
It's clear our companies have a significant opportunity on the horizon but we need to align our tax system to encourage the further investment needed if we want to develop an economy fit for the 21st century.