‘Peak Australia’: NAB’s Devastating Warning

'As good as it gets': Bank's bleak warning to every Australian

The living standards of Australians in 2026 are "as good as it gets" unless the country can improve productivity, the boss of one of the nation's biggest banks has warned.Speaking to the Australian Financial Review's Chanticleer column, NAB chief executive Andrew Irvine said the Reserve Bank had no choice but to raise interest rates earlier this month, because a lack of productivity growth has put the handbrake on the national economy."The fact…

‘Peak Australia’: NAB’s devastating warning

Australia’s living standards may never improve from today’s levels the head of NAB has declared amid devastating new data.

‘As good as it gets’: NAB boss issues dire living standards warning

Andrew Irvine says unless the government acts on one major policy topic, Australians will have to accept the economy is in a state that’s “as good as it gets”.