A survey by Dun & Bradstreet showed that now more Australian executives and entrepreneurs are estimating a strong finish to FY 2009/10. They are also confident of better business performance for the remaining period of the year 2010.

The latest business expectations survey from Dun & Bradstreet also showed that sales and profit expectations reached their highest level in more than 6 years.

The survey showed that the executives and entrepreneurs are generally optimistic for a strong end of the current fiscal. In its report, Dun & Bradstreet said that the view of the executives for the year 2010 is far stronger than the previous financial year.

The report said that indicators such as sales, selling prices, capital investment, growth inventories and employment will likely to increase in the quarter ending June this year. The inventory growth expectations have also increased for the quarter.

According to the survey, 39% of the respondents said that the growth in wages would have the primary influence on their business in June quarter. On the other hand, 31% executives said that the interest rates would impact the most for the quarter.

The survey also revealed that 27% of the companies had less access to credit in the last quarter and 18% had much greater access. About 26% of the firms said that they expect to reduce debt in the coming quarter, while only 17% companies expect their debt to increase in next three months. Half of the companies surveyed said that they plan to maintain their current debt levels.