After launching the new Australian decimal system of currency in 1966, a major counterfeit fraud involving the $10 note was detected within the first 12 months of circulation.The incident led the government and the Reserve Bank of Australia (RBA) to look at ways of combating this threat.Working with the government's scientific department, the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and the University of Melbourne, the Reserve Bank of Australia (RBA) invested around $20m over the next two decades to develop a new paradigm in currency security.Source: This is an extract from the company's own website.
After launching the new Australian decimal system of currency in 1966, a major counterfeit fraud involving the $10 note was detected within the first 12 months of circulation.The incident led the government and the Reserve Bank of Australia (RBA) to look at ways of combating this threat.Working with the government's scientific department, the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and the University of Melbourne, the Reserve Bank of Australia (RBA) invested around $20m over the next two decades to develop a new paradigm in currency security.Source: This is an extract from the company's own website.
After launching the new Australian decimal system of currency in 1966, a major counterfeit fraud involving the $10 note was detected within the first 12 months of circulation.The incident led the government and the Reserve Bank of Australia (RBA) to look at ways of combating this threat.Working with the government's scientific department, the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and the University of Melbourne, the Reserve Bank of Australia (RBA) invested around $20m over the next two decades to develop a new paradigm in currency security.Source: This is an extract from the company's own website.