Central Bank Governor Glenn Stevens had been easing monetary policy since late 2011, in an attempt to stoke growth.

BBC: Australia adds 71,500 jobs, the biggest jump since 2000

Governor Glenn Stevens is expected to remain in a wait-and-see-mode as he continues to observe the impact from the previously delivered easing.

FORBES: Currency Traders Await Central Bank Clues

The Australian dollar climbed after Reserve Bank of Australia Governor Glenn Stevens said at a parliamentary committee that interest rates were at an "appropriate level, " suggesting a pause in the central bank's series of aggressive rate cuts.

WSJ: Asian Shares Mixed Amid Weak Europe Data

"I think what the American authorities have done, in the brief look I've had, it is the right thing, " Glenn Stevens, the head of the Reserve Bank of Australia, remarked at an appearance before an Australian parliamentary committee.

FORBES: Asian Traders Hope Bailout Is More Than A Patch