Australia's March-GDP data was disappointing. Here is a summary from the official government website:(courtesy of Australia's Bureau of Statistics)Here's a summary from the report:The Australian economy grew by 0.3% in seasonally adjusted chain volume terms in the March quarter.Compensation of employees increased 1.0% and total corporations gross operating surplus increased 6.2%.17 out of 20 industries recorded growth in the March quarter.Net exports detracted 0.7 percentage points from growth.Investment in total dwellings fell 4.4% in the quarter.Business Insider reported that the March-Quarter GDP had the slowest annual growth rate since the Sep-2009 GDP. (courtesy of Business Insider)This is not a good reading after a decent end to 2016. The market was already anticipating weak data, so this does not come as a surprise. Still, it reaffirms the fact that the RBA will remain in loose monetary policy, which means the AUD should have limited bullish runs as it is having lately.