This Is Australia’s Newest Banknote

The Reserve Bank has revealed a controversial new design for our $5 bills.

The design for the new $5 banknote was only revealed this morning – but it’s already proving divisive, with Aussies taking their reactions to social media.

The new note retains key aspects of the old $5 bill, including colour, size and people portrayed, with the addition of the Prickly Moses Wattle and the Eastern Spinebill.

Along with updated imagery, the new note will feature a “tactile” feature to help the vision-impaired distinguish between different denominations.

“Innovative new security features have been incorporated to help keep Australia’s banknotes secure from counterfeiting into the future. As can be seen in the images, these include a distinctive top-to-bottom window,” said Governor of the Reserve Bank Glenn Stevens.

“Each banknote in the new series will depict a different species of Australian wattle and a native bird within a number of the elements.”

Aussies have taken their reactions to social media saying the wattles look like “pineapples” or “vomit”.

 


 

 

The design retains the main elements of the existing note which, according to the RBA, will help ease of recognition and minimise the disruption to businesses.

Distribution of the new bill will commence on 1 September. The current series of banknotes will remain in circulation as well.

Australia’s first $5 banknote, issued in 1967, featured Sir Joseph Banks, the famous botanist who sailed with Captain Cook to Botany Bay, and Caroline Chisolm, a philanthropist who helped to improve conditions for immigrants and women.

In 1992, the Reserve Bank issued the current $5 banknote, featuring Queen Elizabeth II and the old and new Parliament Houses.

A special $5 bank note was issued in 2001 to commemorate the Centenary of Federation. It features Catherine Helen Spence, an early prominent women’s rights activist, and Sir Henry Parkes, who is often called the “Father of Federation.”

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