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RBA Glossary definition for polymer substrate

polymer substrate – The polymer (polypropylene) sheeting on which Australian and a range of other countries' banknotes are printed.

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New Banknotes: From Concept to Circulation

15 Sep 2016 Bulletin – September 2016
Phillip Fox, Cathy Liu and Amanda Martz
A core function of the Reserve Bank is to maintain public confidence in Australia's banknotes as a secure method of payment and store of wealth. To meet this objective, the Reserve Bank has been developing a new banknote series to upgrade the
https://www.rba.gov.au/publications/bulletin/2016/sep/1.html

A Cost-benefit Analysis of Polymer Banknotes

12 Dec 2019 Bulletin – December 2019
Max Wakefield, Luc Delaney and Richard Finlay
Australia was the first country to issue a full series of polymer banknotes, completed over 1992–96.
https://www.rba.gov.au/publications/bulletin/2019/dec/a-cost-benefit-analysis-of-polymer-banknotes.html

Recent Trends in Banknote Counterfeiting

21 Mar 2019 Bulletin – March 2019
Meika Ball
Law enforcement intervention has shut down several large counterfeiting operations and led to a decline in counterfeiting rates over the past couple of years.
https://www.rba.gov.au/publications/bulletin/2019/mar/recent-trends-in-banknote-counterfeiting.html

The Next Generation Banknote Project

20 Mar 2014 Bulletin – March 2014
Edward Kim and Terence Turton
A core function of the Reserve Bank is to maintain public confidence in the nation's banknotes so that they remain an effective means of payment and a secure store of wealth. This article discusses the Bank's counterfeit deterrence strategy and the
https://www.rba.gov.au/publications/bulletin/2014/mar/1.html

Recent Trends in Banknote Counterfeiting

16 Jun 2022 Bulletin – June 2022
Leigh Mann and Siddarth Roche
Counterfeiting of Australian banknotes is approaching its lowest level in a decade.
https://www.rba.gov.au/publications/bulletin/2022/jun/recent-trends-in-banknote-counterfeiting.html

Recent Trends in Banknote Counterfeiting

16 Mar 2017 Bulletin – March 2017
Alexandra Brown, Shaun Collard and Morgan Spearritt
Counterfeiting banknotes is a crime under Australian law. Although counterfeiting in Australia remains modest by international standards, the rate of counterfeiting has been rising in recent years as counterfeiters have increasingly taken advantage
https://www.rba.gov.au/publications/bulletin/2017/mar/8.html

Review of the NGB Upgrade Program

17 Jun 2021 Bulletin – June 2021
Kate Hickie, Kathryn Miegel, Matthew Tsikrikas and Matthew Tsikrikas *
A key responsibility of the Reserve Bank is to maintain public confidence in Australia's banknotes as a secure method of payment and store of wealth.
https://www.rba.gov.au/publications/bulletin/2021/jun/review-of-the-ngb-upgrade-program.html

Traditional Steady-state or Turnover Method

1 Dec 2015 RDP 2015-10
Alexandra Rush
Second, the table shows that the average life of polymer banknotes has been consistently higher than that of paper banknotes. ... NNS polymer. 1985–91. Since issuance. 2000–14. $5. 0.1. 2.8. 2.3. $10.
https://www.rba.gov.au/publications/rdp/2015/2015-10/traditional-steady-state-or-turnover-method.html
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A Brief History of Currency Counterfeiting

19 Sep 2019 Bulletin – September 2019
Richard Finlay and Anny Francis
The crime of counterfeiting is as old as money itself, and can be targeted at both low- and high-value denominations.
https://www.rba.gov.au/publications/bulletin/2019/sep/a-brief-history-of-currency-counterfeiting.html

Lost Banknotes

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
Between 1992 and 1996, the Reserve Bank progressively introduced polymer banknotes to replace the previous paper banknotes. ... Footnote. An alternative method to estimate lost polymer banknotes would be to use the respective paper denomination to
https://www.rba.gov.au/publications/rdp/2018/2018-12/lost-banknotes.html
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