Australia New Motor Vehicle Sales (YoY) climbed from previous -2.8% to -1.9% in April

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NZ budget: Surplus of NZD 372m for 2014-15 expected

The New Zealand annual budget was just released, with March 2015 GDP projections at 4.0%, while March 2016 GDP is expected at 3.0%. In terms of debt, the2014/15 net debt stands at 26.4bn, with expectations for debt declining to 23.8% of GDP by 2018 with an ultimate target of 20% by 2020.
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