Australia's new $5 banknote: A clear improvement

By ATMmarketplace.com

The United Kingdom isn't the only member of the Commonwealth of Nations to get a new fiver this month. Or even the first.

On Sept. 1, the Reserve Bank of Australia released a new $5 banknote into circulation with the addition of new anti-counterfeiting technologies that can only be described as bonzer.

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According to a press release from the bank, new security features designed into the polymer note include a world-first clear top-to-bottom window and several dynamic features that change as the banknote is tilted.

The $5 banknote is the first in a new series. Other denominations will follow in coming years, each incorporating the same security features, the release said.

The new series also includes a tactile feature to help the vision-impaired community distinguish between different denominations. Color, size and famous faces on the notes have been maintained, the central bank said.

Australia's old $5 notes will be removed from circulation over time, but will continue to be accepted as legal tender.