The Reserve Bank of Australia issued its new $5 polymer note on September 1, 2016. This is the first of the new series of Australian dollars.
What is particularly worth noting is Australia’s engagement to make banknotes a payment tool accessible to all segments of the population, including the blind and the visually-impaired. Across the globe, the visually-impaired often struggle to differentiate denominations between each other. As a response, many governments have proceeded to implement a number of elements, such as different banknote sizes, different colors and tactile elements. Today, a growing number countries have implemented elements for the blind and visually-impaired in one form or another, making cash a truly universal method of payment.
To read RBA’s press release, please click here.