In 1988, the Reserve Bank of Australia issued plastic, specifically polypropylene polymer banknotes (which were produced by Note Printing Australia), to commemorate the bicentenary of European settlement in Australia. These notes contained a transparent "window" with an optically variable image of Captain James Cook as a security feature. Australian banknotes were the first in the world to use such features. All current Australian banknotes also contain Microprinting for further security.
There were initial difficulties with the first banknote issued; the $10 note (pictured above) had problems with the holographic security feature detaching from the note....
