Net exports are set to have detracted 0.7 percentage points from gross domestic product growth in the March quarter.

Net exports to cut into GDP

A fall in the volume of exports in the first quarter, despite a surge in global commodity prices, looks to have imposed the biggest drag on the economy in seven quarters.

Sunday rate cuts delayed until 2020

The workplace tribunal has decided to phase-in its Sunday rate cuts over three to four years, with only marginal cuts from July 1.