Banknote Stakeholder Engagement

Amanda Evans, Greg Gallagher and Amanda Martz
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Amanda Evans: Reserve Bank of Australia
Greg Gallagher: Reserve Bank of Australia
Amanda Martz: Reserve Bank of Australia

RBA Bulletin (Print copy discontinued), 2015, 01-12

Abstract: The Reserve Bank has a responsibility to ensure confidence in Australia’s banknotes as a secure method of payment and a store of wealth. One of the ways in which the Bank does this is by providing education and training to people who handle cash regularly in their jobs, and the public in general, so that they can easily check the authenticity of their banknotes. In the lead-up to the next generation of Australian banknotes, this work will be crucial to ensure public confidence in the new banknote series. It is also important to engage with key stakeholders who produce and use machines that will accept the new banknotes. This article outlines the work that the Bank has undertaken to establish suitable communication channels and engage with key stakeholders in preparation for the Next Generation Banknote (NGB) program.

Keywords: stakeholders; stakeholder engagement; education; communication; next generation banknote; NGB; new banknote series; machine; equipment; ATM; vending machine; ticket machine; Australian money; banknote; banknote security; counterfeit (search for similar items in EconPapers)
Date: 2015
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