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Signatories: Kell/Collins (1924–1926); Kell/Heathershaw (1927) . Designed and printed by Thomas S. Harrison, the note was made longer and narrower to improve printing efficiency (six notes could fit onto a sheet instead of four) and further security features were added: a basketweave watermark was used around the borders and the denomination appears in watermarks in the center of the note ...
In 1910, the Commonwealth passed the Australian Notes Act of 1910 to initiate banking and currency reform. The Act stipulated that six months after the date of passage (16 September 1910), private banks could no longer issue any form of money, and that any note or instrument issued by a State Bank would no longer be considered legal tender. [3]
The Australian one-pound note was the most prevalent banknote in circulation with the pound series, with the last series of 1953–66 having 1,066 million banknotes printed. [2] The first banknotes issued were superscribed notes purchased from 15 banks across Australia and printed with Australian Note and were payable in gold.
The Act also prohibited the circulation of all State notes and demonetised them, [10] giving full control over the issue of Australian notes to the Commonwealth Treasury. As a transitional measure lasting three years, blank note forms of 16 banks were supplied to the government in 1911 to be overprinted as redeemable in gold, and issued as the ...
The Australian Notes Act 1910 was repealed on 14 December 1920 by the Commonwealth Bank Act 1920, which gave note issuing authority to the Commonwealth Bank. In 1960, responsibility for note printing passed to the Reserve Bank of Australia (RBA). [2] S.44(1) of the Reserve Bank Act 1959 [4] now prohibits private and State currencies. The ...
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Since 2014 all states and territories in Australia have begun implementing aspects of the Foundation to Year 10 part of the curriculum. [1] Credentialing, and related assessment requirements and processes, remain the responsibility of states and territories. [2] The full Australian Curriculum can be accessed at its own website. [3]
The $1 note was replaced by a $1 coin in 1984, while the $2 note was replaced by a smaller $2 coin in 1988. [3] Although no longer printed, all previous notes of the Australian dollar are still considered legal tender. [4]