*Australia March Performance Of Construction Index Up 0.9 Points To 30.4 - AIG

*NZ dollar drops to 4-day low of 58.74 against yen, 0.5832 against greenback and 1.2208 against aussie

New Zealand Recession Likely Worsened In Q1 - NZIER

*New Zealand Q1 Economic Activity Worsens From Q4 - NZIER

*Australia PM Rudd: Government Rejects Bids For National Broadband Network, Will Be Built By Government Entity