Recent Trends in Banknote Counterfeiting

Alexandra Brown, Shaun Collard and Morgan Spearritt
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Alexandra Brown: Reserve Bank of Australia
Shaun Collard: Reserve Bank of Australia
Morgan Spearritt: Reserve Bank of Australia

RBA Bulletin (Print copy discontinued), 2017, 67-74

Abstract: Counterfeiting banknotes is a crime under Australian law. Although counterfeiting in Australia remains modest by international standards, the rate of counterfeiting has been rising in recent years as counterfeiters have increasingly taken advantage of developments in printing and copying. To ensure that counterfeiting remains low and banknotes remain a secure payment method, the Reserve Bank of Australia is issuing a new series of banknotes with upgraded security features.1 This article discusses trends highlighted by the Reserve Bank's ongoing monitoring and analysis of banknote counterfeiting activity in Australia.

Keywords: counterfeiting; counterfeits; counterfeited; fake; banknote; banknotes; currency; cash (search for similar items in EconPapers)
Date: 2017
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