When will the newly redesigned Australian bank notes be released?

Discussion in 'Currencies' started by TeaPot&ChopSticks, May 19, 2014.

  1. TeaPot&ChopSticks

    TeaPot&ChopSticks New Member

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  2. bloomst

    bloomst Well-Known Member Silver Stacker

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    Eeeewwwww
     
  3. TeaPot&ChopSticks

    TeaPot&ChopSticks New Member

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    All the wrong moves bloomst ?

    Considering $10 million AUD was spent in their development I would like to see them released.

    You do not like the new designs?
     
  4. ego2spare

    ego2spare Well-Known Member

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    why does the word "Australia" look like its been circled out of a crossword puzzle on all the notes? besides that, they are fugly as hell. colours are crap, like its play money. makes them look more worthless.
     
  5. House

    House Administrator Staff Member

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  6. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    :mad:

    Time to privatise money.
     
  7. aleks

    aleks Well-Known Member Silver Stacker

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    Seeing as the $100 note was released in the 80s we should be due for a $200 note by now
     
  8. bloomst

    bloomst Well-Known Member Silver Stacker

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    Whats wrong with the current design?

    17 years ago we had to get used to the poly note, which is a change for the better in terms of product life.

    I like what we have now...
     
  9. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Looks like the letters are sorrounded by extra squiggles. Apparently photocopiers have trouble with these patterns called 'moire'. Like when someone on TV wears a triped tie or jacket with a 'busy' pattern.

    https://www.google.com.au/images?q=..._group&ei=us55U62YHYSVkgXFx4HYBw&ved=0CDEQsAQ
     
  10. DanielM

    DanielM Active Member Silver Stacker

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    I like all of them, can't wait for their release
     
  11. boston

    boston Active Member Silver Stacker

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    The $200 note won't happen because the global government(s) want us to gravitate to a cashless society where everything can be tracked.
     
  12. Yendor

    Yendor Member

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    The government wants to remove the $100 note, and potentially even the $50 note. Makes taxing you easier.
    Australia to lose the $100 note
     
  13. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    The idea behind losing the high denomination note is to make suitcases full of money heavier.

    The 500 Euro note is apparently only used by criminals to move large amounts of money around. I remember reading in the banknote museum that they didn't want to release a 10 shilling note back in the day, for exactly the same reasons.

    I think that changing the banknote design will see 'hoards' of money that have been stored under mattresses come to light. Then when you try to spend them you will be told they are no longer accepted and you will have to take them to a bank for exchange. The bank will then ask you to prove that they weren't stolen, will confiscate them during the investigation and the Government will try and get you for tax evasion or benefit fraud.

    Best off stacking gold than notes.
     
  14. bunyip

    bunyip New Member

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    Petition for dundee on the $100 note. That would a pretty damn good note to fold under a pocket knife clip ;)
    that wood duck John Monach might be an ok bloke but he dont look right in that sketch up.

    added image
    [​IMG]
    Source: news.com
     
  15. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

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    Er...you know that both organizations responsible for printing our banknotes are private companies, right?
     
  16. DanielM

    DanielM Active Member Silver Stacker

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    what about when they redesign gold?
     
  17. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Er...you know who has to pay the bills, right?

    EDit: remove the cost of issuing and printing bank notes from the taxpayer, remove the currency control the Federal government has, allow private companies (banks, Woolies, Bunnings etc) to issue their own currencies all competing with each other to gain market advantage, the strongest and most reliable currencies will prevail.
     
  18. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

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    Yeah, uh, we tried that up until about a hundred years ago and it was so chaotic that the Commonwealth treasury took over the job of issuing currency notes to introduce stability so that businesses could function.

    $210 million worth of Borders gift cards says that private currency issues are still a pretty dumb idea.
     
  19. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Do you think that was the reason?

    That's a very good example of a "currency" being issued fraudulently and the faith (blind faith) that consumers have. We would have a different view if it was understood that a company was issuing money without the resources to back it up, you wouldn't accept or deal in Border's currency notes if you suspected they were on the verge of insolvency, you'd take them back to Borders and cash them out for goods or (god forbid I refer to that yellow metal) gold. :cool:

    A good old fashioned bank run.
     
  20. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Didn't Borders even try to revalue their scrip to half its original value before crashing?

    Does anyone have any old Borders Store Cards, they would look good next to my Zimbabwe Dollars in my collection of "Why gold is better".

    Private currencies can't really operate while there is a circulating national currency, if they get too good the governments will just find a way to shut them down.

    I have always said that Gift Cards were the worst gift you could give someone. You are changing money that can be spent in any shop in Australia for a piece of plastic that can only be spent in a limited number of shops and has a USE BY DATE! FFS!

    But when I bring that up I get told that sticking money in an envelope shows that you haven't put any thought into it, as opposed to the thought that goes into "I figured you might shop at Myers, so next time you are there you can buy part of something"

    Anyway, I am not sure what problem they are trying to fix by changing the banknotes.

    The main excuse is so that they can keep one step ahead of the forgers, I suppose if the forgers could turn out $9.3 million dollars worth of polymer banknotes that were convincing then maybe we would need to update the security features but at the moment it would be cheaper to let the forgers get on with it.
     

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