A new $5 note design for 2016

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A little while back, Glenn Stevens, Governor of the Reserve Bank of Australia (RBA), revealed the new design of our five dollar note which will begin circulation in small numbers from 1 September 2016.

It’s fair to say the new design came under some scrutiny with members of the public likening it to an ‘80s school mural’ or describing it as ‘hideous’, ‘horrific’ and even a ‘joke’ – ouch! The new note has also angered many by continuing to feature the portrait of Queen Elizabeth II.

Images of the old and new Parliament Houses are still being sported on the new design and the colour scheme, size and material used to create it are all remaining the same too. So, what exactly is different about the redesign we hear you ask?

Well, the new note includes a transparent, tactile strip to help those who are vision-impaired decipher between the different denominations. Enhanced security features have also been added to help prevent counterfeiting of the new cash.

The new five dollar bank note is the first in the series of new bills and when the set is complete, each denomination will showcase a different Australian wattle species and a native bird. Those on the fiver are the Prickly Moses wattle and the Eastern Spinebill.

Fingers crossed that as the new designs of the other denominations are released over the coming years the response will be a little more positive! We’d love to hear what your thoughts were about the new design, so chat to us on Twitter if you feel like sharing.

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