Sales expectations among businesses for the June quarter are at their highest level in eight years, a private sector survey shows.
Sales expectations for the June quarter almost doubled from those of the March quarter, the Dun & Bradstreet national business expectations survey conducted in January showed.
Dun & Bradstreet chief executive Christine Christian said business confidence was returning to levels not seen since well before the global finance crisis.
"Sales expectations are at their strongest level since the December quarter 2003," Ms Christian said.
"We are also no doubt seeing businesses increasingly factoring in the impact of further interest rate reductions on their operations.