Summary: GDP up strongly in March quarter, better than expected; economy 1.1% larger than March 2020; economy “transitioning strongly from recovery to expansion”; consistent with ongoing improvement in labour market, leading indicators; household consumption, investment, inventories all up solidly; net export growth a drag; “dominant driver” of economy switching from consumption to investment. Since the “recession we had to have” as the recession of 1990/91 became known, Australia’s GDP...