Now ordinarily, with a move of that magnitude, one would expect to hear some rumblings out of the Central bank about how the market is mispricing the currency. That is central bank speak for "The strengthening currency is hurting out exports and we would prefer that the rest of the world buy our exports rather than buying the exports of some other country." (see Japan and Switzerland for recent examples of this behavior). But unlike most other currencies, the USDAUD has been inversely correlated to Australian equities. This may be partly due to the fact that AUD is considered a commodity currency whereas the exports of Japan and Switzerland are comprised predominantly of non-commodities (e.g. manufactured goods and finance).
Here is the typical direct correlation (USDCHF vs Swiss Equities):
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