Here’s everything you need to know about Australia’s new $50 note
Friday, February 16, 2018/
The Reserve Bank of Australia has revealed the design of the new Australian $50 note set to be circulated in October this year, following recent makeovers of the $5 and $10 notes.
The bank note will continue to feature Indigenous writer and inventor David Unaipon and the first woman elected to an Australian parliament, Edith Cowan. It will also include a new top-to-bottom clear window and a greater emphasis on Australian wattle flowers.
Alongside the new design, the Reserve Bank of Australia (RBA) says the note will serve to make counterfeiting Australian currency more difficult, with a fourth swan on the bank note only revealed when illuminated with a UV light.
In a statement, RBA Governor Philip Lowe said the design is intended to reduce the number of counterfeit notes entering circulation.
“Improved security and ease of recognition underpin the design of the new $50 banknote. With the release of the $5 and $10 over the past two years, we are confident the Australian public are becoming familiar with the new banknote security features,” he said.
In the lead up to the $50 note’s release, the RBA will be working with retailers and ATM providers to ensure the note will be easily transitioned into circulation.
LinkedIn engagement pods: Silver bullet or desperate ploy? Sue Parker DARE Group founder
Own it: The 10 things you need to do to manage your personal brand Lisa Stephenson Who Am I Projects founder
How to call your team into action with a winning presentation Emma Bannister Presentation Studio founder
The link between diet and mental health — and how to eat your way to wellbeing Kate Save Be Fit Food co-founder
From interactive videos to AI: The five marketing trends that will dominate 2019 Warwick Boulter Collaboro co-founder
Australia is leading the legaltech revolution, but what does this mean for lawyers, firms and clients? Jodie Baker Xakia founder
Why a video news release needs to be part of your PR strategy Leisa Goddard Adoni Media managing director
Want to catch more customers? Here's how to create a super sales funnel Jovana Vujnic Bumper Leads founder