New $50 bank notes went into circulation on the 18th of October.
Australia has one of the most secure currencies in the world and has experienced relatively low levels of counterfeiting for many years. To ensure that this continues to be the case, the Reserve Bank has been upgrading the security of Australia's banknotes, and the newest is the $50 note.
Chamber Members are advised to refer to the Quick Counterfeit Detection Reference from the Reserve Bank of Australia in order to be familiar with the key security features of the new and old banknotes.
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