Summary: Australia’s GDP up 0.2% in March quarter, less than expected; ANZ: business investment the one bright spot; spending on essentials increases, discretionary spending falls; exports, imports the major influences. Since the “recession we had to have” as the recession of 1990/91 became known, Australia’s GDP growth has been consistently positive, with only the odd negative quarter here and there. However, Australia’s first recession in nearly thirty years was inevitable...