Retail sales fell 0.1 per cent over July, according to the ABS.
Online retail spending growth continues to slow.
Strong business investments lead to high dollar.
Dollar is trading at its highest level since early November.
Local online spending gains ground in December.
Dollar boosted by surprisingly strong business conditions.
Latest business results indicate further rate cuts from the RBA are unlikely.
Today tipped to be the busiest Christmas shopping day of 2013.
Business confidence remains strong but business conditions are yet to follow suit.
Business confidence down from three and a half year high in October.