Finance Minister Grant Robertson claims the Government's books are in good shape to weather a financial storm.
Is this true?
NZIER principal economist Christina Leung thinks so.
"The Government has been running a fairly prudent approach to spending. So it does mean that the surplus is running ahead of schedule. It's useful to have for a rainy day, should things start to deteriorate."
But there are problems with our high rate of borrowing.
Watch the video for the full interview.