Third-quarter profit and sales expectations among business leaders declined sharply in the past month, according to the Dun & Bradstreet National Business Expectations survey.

In its survey of 1,200 business owners and executives on their outlook for the three months to Sept 30, Dun & Bradstreet's profit index fell 15 points to a reading of -7 while sales expectations fell 9 points to 5, their lowest level in two years.

While the Budget has been received as relatively restrained, some new measures were outlined which may impact how you manage your finances today as well as plan for your retirement. 

The good news for families was that 'means testing' of the Child Care Rebate was not a feature of this year's budget.

The bad news was that the indexation of the income income thresholds for family benefits - including Family Tax Benefit A and B, the Baby Bonus, and Paid Parental Leave will be frozen for three years instead of raising them in line with inflation.

National Australia Bank's monthly business survey showed conditions for firms fell slightly in April, though the index remained just off its highest level in a year, reached last month.

NAB's index of business conditions fell two points to an index reading of +7 points.