Treasurer Wayne Swan has promised the federal government will continue the strong economic management that served Australia well during the global financial meltdown.
Mr Swan has responded to the Reserve Bank of Australia's quarterly statement on monetary policy showing the national economy will grow at a faster pace than previously expected.
"I want to assure the Australian people that we will continue the strong economic management that served Australia so well during the global financial crisis and the global recession," he told reporters in Canberra.
"And that will be the centrepiece of the budget that the government brings down next Tuesday."
Mr Swan said the RBA report showed the Australian economy was strengthening.
"It confirms that we are in the strongest position of just about any other advanced economy," he said.
In its quarterly statement on monetary policy, released on Friday, the central bank said gross domestic product (GDP) is expected grow by 3.75 per cent in the year to June 2011, up from the 3.5 per cent predicted in February.
Annual GDP growth is expected to remain at that pace until December 2012, when the bank forecasts it to touch four per cent.
