Summary: Australia’s GDP up 0.1% in March quarter, slightly below expectations; up 1.1% over year; Westpac: total spending on domestic production flat except for statistical discrepancy; ACGB yields fall moderately; rate-cut expectations firm; ANZ: sees little which would change view on RBA, general outlook; imports, inventories again major influences in quarter. Since the “recession we had to have” as the recession of 1990/91 became known, Australia’s GDP growth has been...