Economists say the latest GDP figures give the Reserve Bank reason to keep interest rates steady at its next meeting.
Australia's economy grew by 0.3 per cent in the March quarter, which was much weaker than the 0.9 per cent recorded in the previous quarter.
The rapid slowdown coincided with the RBA's decision to lift interest rates in February and March.
Victoria Police has released underworld figure Mick Gatto without charge, "pending further enquiries".
He and a woman were arrestedaerlier today by Taskforce Hawk officers investigating "alleged financial offences" and criminal behaviour in the construction sector.
Police say the investigation, which commenced earlier this year, remains ongoing.
A bitter legal fight between former Carlton AFL president Luke Sayers and his wife over a lewd photo is set to play out in the public eye, after Victoria's Supreme Court ruled the defamation case should stay in its jurisdiction.
Mr Sayers applied to have the case transferred to the Federal Circuit and Family Court – a move that would have effectively prevented media reporting.
But Justice Andrew Watson today dismissed the application, saying the Supreme Court was the more appropriate venue to decide the matter.
A trial could take place in November.
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