Nicola Willis says the Government's focused on the country's long-term economic outlook.
GDP's risen 0.8% in the March quarter.
The Economic Growth Minister says the June quarter won't be as sunny, as many businesses and households have been hit hard by the Iran war and fuel crisis.
But she told Mike Hosking the global oil prices are tracking lower than Treasury had forecast.
She says there's every reason to believe that flows through to lower prices at the pump, lower inflation, and better prospects for the economy overall.
LISTEN ABOVE

The SME Stream Weekly Wrap - 18 June
07:58

Liam Dann: NZ Herald Business Editor on the GDP rising 0.8% in the March quarter
10:32

Alan McDonald: EMA Head of Advocacy on whether the economy will bounce back following US-Iran peace deal
06:53