There have been calls for the Australian economy to be taken into deficit, to help it recover from the global financial crisis.
Reserve Bank Governor Glenn Stevens has addressed a business dinner overnight, claiming we should be "quietly confident" about the economy.
Mr Stevens has also urged Governments to spend responsibly, and borrow if necessary.
“Those countries which went into the episode having practices disciplined macroeconomic policices for many years – and I include Australia very much in that group – will tend to be the ones who find themselves with the most scope to move into an expansionary direction, if that’s needed,” Mr Stevens said.