Business confidence has slipped four points in the month before the federal budget according to National Australia Bank's April survey of employers.
The business confidence index fell to a reading of minus two.
Shopping centre owner Westfield Retail Trust (WRT) says consumer confidence is improving, but shoppers are still cautious and sales growth is still low.
The company announced that rents for speciality stores in its shopping centres grew 2.4 per cent for the 12 months to March 31.
The Australian share market has opened lower.
At 1011 AEST, the benchmark S&P/ASX200 index was down 8.7 points, or 0.17 per cent, at 5,197.4, while the broader All Ordinaries index was down 7.00 points, or 0.13 per cent, at 5,184.1.
US stocks overcame a choppy day of trading om Friday and closed at fresh all-time highs as Group of Seven finance chiefs met in Britain to discuss economic challenges.
The Dow Jones Industrial Average rose 35.87 (0.24 per cent) to 15,118.49, a new all-time closing high.