THE NEW $10 banknote has entered general circulation after being released by the Reserve Bank of Australia on this week.
The design of the note retains images of Dame Mary Gilmore and AB “Banjo” Paterson and includes elements of their works.
The note is the same size and uses the same colour palette as the existing $10 note and incorporates increased security features to help keep it secure from counterfeiting.
Each banknote will feature a different species of native Australian wattle and bird.
The $10 banknote features the Bramble Wattle (Acacia victoriae) and the Sulphur-crested Cockatoo (Cacatua galerita).
While the existing series of banknotes will be progressively withdrawn from circulation, they will retain their legal tender status and can continue to be used.
The new $50 banknote is expected to enter circulation in late 2018 with remaining denominations in the series will be introduced in subsequent years.
