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Dogs Rule said:

The argument became moot when Australia became a major player in the Summer Olympics despite their relative population.

EDIT: In Michael Phelpsia, the Gold medals per capita is 6!

Yeah Australia's third in overall medal count at the moment. Pretty amazing considering that second place, China has more than 65 times the population...
But if you do go by capita, Australia has 1 medal for every 1 million citizens :)

I just hate the way they rank the countries as is >_>
One country could have 8 gold, 0 silver and 0 bronze, while the country ranked one place below it could have 7 gold, 1000 silver and 10 000 000 bronze >_>