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Next Generation Banknotes (NGB) starting with the $5

[ Edited ]
Posted by PeteW PeteW
Message 1 of 1 3,071 Views

What's changing?

The Reserve Bank of Australia (RBA) will be updating the Australian Banknotes consecutively over the next 5 years, starting with the $5 banknote due to be released on 1 September 2016.

 

Each denomination of the next generation banknotes (NGB) will depict a different species of Australian wattle and a native bird. On the $5 banknote, these are the Prickly Moses Wattle and Eastern Spinebill and the release date coincides with National Wattle Day. If you’d like to find out more about the new $5 note you can visit the RBA website.

 

It’ll take some time for the new $5 banknote to be widely circulated and the current $5 banknote will remain in circulation as legal tender after 1 September 2016 until further notice.

 

Why's it changing?

The new notes will have upgraded security features to ensure Australia's banknotes remain secure into the future. There's also a new tactile feature (raised bumps) to assist the vision-impaired community.

 

For more details on the some of the specific changes, check out this link on the RBA website.

 

Take a look at the new design below!

ngb5.png

 

Over the coming weeks we'll publish more posts about the many new security features of the $5 note - we hope you'll find them as interesting as we do.

 

  1. Tactile Feature
  2. Reversing 5
  3. Rolling Colour Effect
  4. Flying Eastern Spinebill
  5. Intaglio
  6. Top-to-Bottom Window

Here's what to do with suspect banknotes.

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