-
Australian Government responsibility for banking and the issue of currency notes.
-
Period: to
Australian Money
-
In the first decade after Federation, private bank notes continued to circulate as a paper currency.
-
overprints private bank notes with the words 'Australian Note'.
-
The first Australian currency note (10 shillings) is issued.
-
he Commonwealth Bank takes over the distribution of currency notes
-
The 'Harrison series' of currency notes is issued (named after Thomas S Harrison, the Australian Note Printer).
-
The Commonwealth Bank Act 1932 abolishes the convertibility of currency notes into gold and specifies them as legal tender.
-
The 'Ash series' of notes is issued, named after John Ash, the note printer. Manufacturing is represented on our notes (10 shilling) for the first time.
-
The 1953/54 series of currency notes is issued.
-
Australia converts from pounds, shillings and pence to decimal currency.