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Nothing's good enough

Australians all let's not rejoice. No! Don't rejoice at National Statistician's official count that the economy of this land girt by sea expanded by 1.1% in the March quarter - stronger than consensus expectations for an already strong 0.9% advance - and by 3.5% over the year - the fastest pace in nearly two years and above trend growth of 3.25%.

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Read more: MarchAustraliansChinaMayNational StatisticianAsiaAustraliaAustralian productsBill EvanDecember quarterEconomicsEurozoneFederal BudgetMadeSydney Morning Herald printsUS economyWestpac