The Reserve Bank of Australia has today released images of the new $5 banknote that will be taken into circulation from Sept. 1. A new “tactile” feature was added to the banknote to help the vision-impaired community distinguish between different denominations of banknotes.
According to 9 News, it will take some time for the new banknotes to be widely disseminated.
It was announced before that the key aspects of the existing design – colour, size and people portrayed, will be kept the same for ease of recognition. Similar design aspects have also been retained to avoid disruptions in business.
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This new banknote will be the first of a new series of note that will feature species of Australian wattle and a resident bird. The $5 note will feature Prickly Moses wattle and the Eastern Spinebill.
“Innovative new security features have been incorporated to help keep Australia’s banknotes secure from counterfeiting into the future,” said Governor Glenn Stevens.
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“Each banknote in the new series will depict a different species of Australian wattle and a native bird within a number of the elements.”
According to The Reserve Bank of Australia, the designs have been articulated by a process of widespread consultation with subject-matter experts. The consultation also included the cash-handling industry as well as qualitative research involving focus groups.
However, the current chain of banknotes will still be in use, even after the new banknotes are issued.
The design artwork images for the new $5 banknote have been disclosed to facilitate arrangements for the smooth inception of the new banknotes. A public awareness campaign regarding information on the new design and security features, and their workings will be done over coming months.
The campaign will look into the process to ensure that the people are capable of identifying and using the series of new security features on the new $5 banknotes when they start to receive them.