Next Gen Of Banknotes: $100 Enters General Circulation

October 31, 2020 05:06 AM AEDT
Team Kalkine

Team Kalkine
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The new note of $100 entered the general circulation on 29 October. This is the final denomination to be redesigned as part of the Reserve Bank of Australia’s Next Generation Banknote Programme.

Governor Philip Lowe shared that with the release of this new note, the programme to upgrade the security of bank notes has been completed and ensures that Australia remains in place to have some of the best and most secure banknotes.

While it shall take some time to regularly see the new $100 banknote in circulation, the existing $100 banknotes can be continued to be used.

Also, the new note has a ‘tactile’ feature to assist people who are blind or have a low vision to distinguish between different denominations.

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