{"id":487618,"date":"2026-02-18T09:30:08","date_gmt":"2026-02-18T09:30:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/487618\/"},"modified":"2026-02-18T09:30:08","modified_gmt":"2026-02-18T09:30:08","slug":"nab-ceo-andrew-irvine-says-productivity-must-lift-to-improve-australian-living-standards","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/487618\/","title":{"rendered":"NAB CEO Andrew Irvine says productivity must lift to improve Australian living standards"},"content":{"rendered":"<p>National Australia Bank chief executive Andrew Irvine has warned that the nation has hit \u201cpeak Australia\u201d and will not grow unless productivity improves, as data revealed real wages have gone backwards for the first time in two years, intensifying the economic challenge facing the Albanese government.<\/p>\n<p>Irvine\u2019s comments came as both the prime minister and the treasurer personally attacked former Reserve Bank of Australia governor Philip Lowe for criticising the government\u2019s failure to act on productivity and its cost-of-living handouts.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"National Australia Bank chief executive Andrew Irvine has warned that the nation has hit \u201cpeak Australia\u201d and will&hellip;\n","protected":false},"author":2,"featured_media":487619,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-487618","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/487618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=487618"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/487618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/487619"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=487618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=487618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=487618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}