The dramatic increase in recent building approvals has led to a stronger Australian dollar as the local currency went up from USD80.85 to US$81.04 on Thursday.
It also saw a hike at 12.00pm on Thursday when it traded at US80.93c, up from US80.73c on Wednesday.
The rate of approvals beat economists’ projected fall of 3% by rising to 7.5% in November.
The market will now look to Friday when local retail sales figures, Chinese inflation, and US non-farm payrolls will be released, Easy Forex currency dealer Liam Moon said.
"There's a lot of economic data at the moment that are going to impact on the Australian dollar," he said.

Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker