A new poll shows New Zealanders are feeling nervous about the economy, with 41 percent saying they don't expect things to improve at all over the next 12 months.
It comes on the back of troubling times for China, falling dairy prices and increasing concern about the housing market.
Prime Minister John Key this morning joined Paul Henry to discuss how he believes how "economic pessimism is up a bit".He says "it's not surprising when you think about the kind of news you see – dairy prices lower, China slowing down – but overall, New Zealand's economic fundamentals are very, very strong".
"Overall, our economy is much more balanced than people think."
Watch the video for the full interview with John Key.