From 1975 to 2015, there have been 11 editions of world cup cricket.
Here is a count of how many times a particular team has reached finals or semis :
Semis :
7 aus
7 nz
6 ind
6 pak
5 eng
4 sri
4 wi
4 sa
1 ken
Finals :
7 aus
3 eng
3 wi
3 sri
3 ind
2 pak
1 nz
Final wins:
5 aus
2 wi
2 ind
1 pak
1 sri
So every time Australia have reached semis they have reached finals.
England, despite reaching 3 finals, are yet to win a single one.
Here is a count of how many times a particular team has reached finals or semis :
Semis :
7 aus
7 nz
6 ind
6 pak
5 eng
4 sri
4 wi
4 sa
1 ken
Finals :
7 aus
3 eng
3 wi
3 sri
3 ind
2 pak
1 nz
Final wins:
5 aus
2 wi
2 ind
1 pak
1 sri
So every time Australia have reached semis they have reached finals.
England, despite reaching 3 finals, are yet to win a single one.