The Australian dollar has fallen more than a third of a US cent after the release of worse-than-expected business investment figures for the December quarter.
The Australian dollar was trading at 89.25 US cents at 1135 AEDT, down from 89.62 US cents just before the data was released.
Data from the Australian Bureau of Statistics, released on Thursday, shows that businesses investment fell by 5.2 per cent in the December quarter.
The closely watched figures cover investment in capital goods which includes things like buildings and equipment.
The median market forecast was for a fall of one per cent over the quarter.
