Australia’s new $10 note has officially been released

Posted: 21 September 2017 1:27 pm

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The new $10 note is here, but it's not all business as usual just yet.

This week, the RBA has started rolling out the new $10 note into circulation across the country, so if you're lucky, you may already have one in your wallet (that is if you still use cash, which many Australians don't). But don't be fooled by the shiny new look; the new note is so much more than a pretty face.

The note still features the two famous Australian writers Dame Mary Gilmore and AB "Banjo" Paterson. But despite the note being released 25 years later than the original, the pair seem to be looking younger. The note features a tiny excerpt of their poetry in microprint, along with images of the native Bramble Wattle and a Cockatoo.

Similar to the new-and-improved $5 note, which was released in September last year, the new $10 note can be read by people who are visually impaired via small bumps indicating its value. It also features a large clear window in a bid to keep it secure from counterfeiting; however, it appears it may be a tad too secure.

The note has already been causing issues for businesses and has been rejected at supermarkets, vending machines and a range of other self-service terminals according to News Corp. This is particularly frustrating considering the launch of the new $5 note sparked the same issues with many automated note readers being unable to read and process the note.

The RBA's assistant governor for business services, Lindsay Boulton, has stated that the RBA had given businesses plenty of notice to update their equipment ahead of the note being officially launched into circulation, giving them the past six months to do so.

The $20 note and the $50 note are next in line for their make-overs, with the new $50 note expected to be released into circulation later next year.

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Picture: Supplied by the RBA

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