Monday, 16 November 2026

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NAB Boss Calls New Tax a Blood‑Donor‑Level Atrocity as Australia Slips into Productivity Slump

NAB Boss Calls New Tax a Blood‑Donor‑Level Atrocity as Australia Slips into Productivity Slump

Andrew Irvine, chief executive of National Australia Bank, has publicly criticized a new tax, calling it the most atrocious, abominable factor that could drag the country into a productivity slump.

Irvine compared the tax to a blood‑donor nightmare, suggesting that it would force Australians to bleed more than they already do.

He warned that the tax could drag the economy into a productivity slump.

if this one landed.