the blond group is an independent specialist consultancy, research and project management practice focused on shaping strategic thought and executing operational change in the cash handling and payments world.

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The NGB ‘family’ complete

Categories: Currency|Tags: , , , |

Today (Thursday 29th of October 2020) see the general release of the fifth and final Australian Dollar banknote denomination in the Reserve Bank of Australia’s Next Generation Banknote (NGB) series. The programme was first publicly announced by the Central Bank in 2012, although initiated internally as far back as 2007 and has seen the annual release of a new polymer banknote denomination, starting with the lowest value NGB $5 banknote in September 2016.   The banknotes comprise a ‘family’ of five notes, retaining the Head of State and famous Australians featured on the previous first polymer banknote series.  This second series has introduced a clear top to bottom window and a unified range of sophisticated security features for both easy public recognition and advanced equipment authentication. The top to bottom window, supported by the bank’s tag line ‘clearly different’ certainly makes for easily recognisable and harder to counterfeit notes, but also has required the wide scale adaption, or replacement, of most of the country’s cash [...]

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