The Reserve Bank will release the new $10 banknote into circulation from 1st September 2017.
Innovative new security features have been incorporated in the new $10 banknote to help keep them secure from counterfeiting. These security features are similar to those in the $5 banknote issued in 2016, such as the top-to-bottom clear window and the patch with a rolling colour effect. The new note also includes a tactile feature so that it can be recognised by vision-impaired members of the community.
On the design of the new banknote, Governor, Phillip Lowe, stated, ‘the $10 banknote celebrates two famous Australian writers, Dame Mary Gilmore and AB ‘Banjo’ Paterson. Their work is recognised in several design elements on the banknote, including images of a pen nib in two of the clear windows and excerpts of their poetry in microprint.’
The notes will feature a different species of native Australian wattle and bird, the Bramble Wattle (Acacia victoriae) and the Sulphur-crested Cockatoo (Cacatua galerita).
The existing series of banknotes can continue to be used, as all previously issued banknotes remain legal tender. Further information on the new $10 banknote, including videos explaining the new features, can be found at the Reserve Bank website.