Australia lags behind New Zealand in the annual AT Kearney Globalisation Index and didn't even rank in the global top 20, however when it came to IT Australia outstripped most nations and was placed second in the world beaten only by the United States.
The Index covers 62 countries representing more than 95 per cent of the world's economic output and compares degrees of globalisation, levels of taxation and social spending.
The United States and Canada remain the world's information technology leaders but the Oceania region comprising Australia and New Zealand is emerging leader.
With higher levels of connectivity than Scandinavian countries, Australia ranked second in the Technology top 10 and New Zealand 7th.
In Australia the online population topped 35 per cent in 2000 surpassing the United States, while New Zealand ranked fourth in the number of Internet hosts per resident.
Both Australia and New Zealand ranked in the world's top five in providing secure servers per capita.
The only Asian nations to make the global top 20 were Singapore in the number three spot, New Zealand which was ranked 19 and Malaysia came in at number 20. Ireland is the world number one as the most global nation, Australia ranked 21.