The Finance Minister says businesses should be more confident about the economic recovery

The Reserve Bank's been weighing up lower-than-expected growth and higher inflation, in its decision to keep the Official Cash Rate unchanged at 3.25 percent.

Nicola Willis says businesses have been battening down the hatches.

But she says they maybe more wary than they should be.

Willis says all of the fundamentals in the economy are good.

She says the Government is business-friendly, and is on the side of those wanting to invest, make money, create jobs and export overseas.