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Australian Government given responsibility for banking and the issue of currency notes.
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Period: to
Timeline of Australian Money
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Private bank notes continued to circulate as a paper currency.
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The Commonwealth Bank is given control of the note issuing
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The Commonwealth Bank Act 1932 abolishes the convertibility of currency notes into gold and specifies them as legal tender.
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The 1953/54 series of currency notes is issued.
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Australia converts from pounds, shillings and pence to decimal currency.
The first series of decimal notes is issued. The new notes capture the emerging diversity of Australian society including its literature. -
A $50 decimal currency note is issued.
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A $100 decimal currency note is issued.
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A $10 polymer note is issued.
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A $20 polymer note is issued.