{"id":522483,"date":"2026-07-12T15:36:25","date_gmt":"2026-07-12T15:36:25","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/522483\/"},"modified":"2026-07-12T15:36:25","modified_gmt":"2026-07-12T15:36:25","slug":"australias-living-standards-at-risk-as-the-2020s-are-the-worst-decade-for-growth-on-record","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/522483\/","title":{"rendered":"Australia\u2019s living standards at risk as the 2020s are the worst decade for growth on record"},"content":{"rendered":"<p>The 2020s are shaping up as the worst decade for living standards growth in Australia on record, which economists say is the result of a decade-long productivity slump combined with the economic shocks of COVID-19 and the Iran war condensed into a six-year time frame.<\/p>\n<p>Analysis by AFR Weekend shows growth in gross domestic product per person has averaged 0.7 per cent a year since 2020, the lowest of any decade on record and a third of the rate for the 1990s.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"The 2020s are shaping up as the worst decade for living standards growth in Australia on record, which&hellip;\n","protected":false},"author":2,"featured_media":522484,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-522483","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/522483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=522483"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/522483\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/522484"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=522483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=522483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=522483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}