The world’s “informed elites and business leaders” have ruled that Turnbull’s Australia is better than Trump’s USA, in an annual ranking survey released today.

We emerged as the 7th best country in the world in the US News Best Countries rankings, behind Sweden but overtaking the US.

Switzerland – the picturesque chocolate manufacturer and tax haven hosting this week’s Davos gathering where the world’s billionaires are networking over canapes - remained at the top of the list.

It was followed by Canada, Germany, the UK and Japan.