Prime Minister Kevin Rudd said on Friday that there will be no last-minute changes on the national budget after a disturbance on Wall Street and in European market last night.

The Dow declined to almost 1000 points overnight after a sudden sell-off that triggered the investors to desolate its stocks.

Mr. Rudd told a local media today that the Treasury officials are keeping a full-eye in the international financial markets for the past few months.

The federal government is also keeping a close watch on the economy of Greece, which is trying to prevent any measures for bankruptcies.

“We have a clear path back to budget surplus,” Mr Rudd said.

He also confirmed that the budget surplus is a strategy that was well-planned and embraced by the government.

“That will be reflected on budget night as well,” he said.

Mr. Rudd confirmed it will engage in talks on the US and in Europe markets with Treasury Secretary Ken Henry later on Friday.

“I don't wish to be alarmist about any of this but we are following these events with considerable concern,” he said.

Mr. Rudd remains confident that Australia is in the best position to withstand any “subsequent shock.”

He also believes that an intervention with the European governments and support from the International Monetary Fund will alleviate the problem.