New Banknotes: From Concept to Circulation

Phillip Fox, Cathy Liu and Amanda Martz
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Phillip Fox: Reserve Bank of Australia
Cathy Liu: Reserve Bank of Australia
Amanda Martz: Reserve Bank of Australia

RBA Bulletin (Print copy discontinued), 2016, 01-12

Abstract: A core function of the Reserve Bank is to maintain public confidence in Australia�s banknotes as a secure method of payment and store of wealth. To meet this objective, the Reserve Bank has been developing a new banknote series to upgrade the security of Australia�s banknotes. The process has involved integrating artistic designs that reflect Australia�s cultural identity with a range of complex technical features designed to make the banknotes very difficult to counterfeit. This article outlines the various steps of the process of �banknotisation� for the new banknote series, whereby the design concept is developed into a finished banknote.

Keywords: next generation banknote; new banknote series; design; design concepts; security feature; printing; production; Australian money; banknote; banknote security; counterfeit (search for similar items in EconPapers)
Date: 2016
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