Timeline: 1991–2001
Following a recession in the early part of this decade, there are relatively stable economic conditions. An inflation target is introduced in 1993. The nation celebrates both the centenary of its Federation in 2001 and the dawn of a new century. A series of world-first polymer (plastic) currency notes is issued and exports of polymer notes grow.
1991
Inflation in Australia falls sharply to levels not seen since the 1960s.
1992
The first of a complete series of 'Polymer' currency notes - a $5 note - is issued.
The internet gives rise to the World Wide Web.
1993
A $10 polymer note is issued.
1994
A $20 polymer note is issued.
1995
A $50 polymer note is issued.
A recoloured $5 polymer note is issued.
1996
A $100 polymer note is issued, completing the first series of polymer notes.
Australia's financial markets develop rapidly through the 1990s and the economy becomes more integrated with the world economy.
1997
The 'Asian Crisis' starts in Thailand, Korea and Indonesia before spreading to Russia and Latin America. Despite contraction in Australia's export markets, our economy proves resilient.
1999
New Zealand converts to polymer currency notes, printed by NPA.
NPA's export orders extend to 13 countries.
As part of its contingency planning for the 'Y2K' problem, the RBA stockpiles additional supplies of currency notes.
Australia, like other countries, prepares for the expected problems associated with computers' capacity to recognise the dates in the new century, the so-called Y2K problem. In the event, problems prove negligible.
2000
Sydney hosts the Olympic Games.
2001
A special Federation $5 polymer note is issued from 1 January 2001.
Australia celebrates the Centenary of Federation.