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New banknote enters general circulation

Staff reporter
20 September 2017 1 minute readShare
New $10 banknote

Australian businesses will soon find themselves handling a brand-new note after the new $10 note entered circulation this week.

The new design, while still in its rich blue colour, features Banjo Paterson and Dame Mary Gilmore, as well as inclusions of a number of iconic Australian figures, settings and wildlife.

“The launch of the new $10 banknote is a milestone in our program to deliver Australians banknotes at the cutting edge in terms of security against counterfeiting,” said Reserve Bank governor Philip Lowe.

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“It continues the tradition of celebrating two of Australia’s most prominent writers.”

New security measures include the full-length window with interactive images, fluorescent ink, rolling colour effects and raised printing, while a tactile feature has been included to assist people with impaired vision.

 

It follows the introduction of the new $5 banknote which entered circulation in the same month last year.

The next new note to enter public circulation will be the $50 note due for release at the end of next year. The $20 and $100 notes will be rolled out in subsequent years.

The existing set of notes will be progressively withdrawn from circulation, but will not lose their status as legal tender.

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New banknote enters general circulation
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