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.