Australia was the first country to successfully replace paper notes with polymer notes, beginning with the circulation of $10 polymer banknotes back in 1988. Other countries, including Brunei, Canada, Fiji, Israel, Mauritius, New Zealand, Papua New Guinea, Romania, and Vietnam, have now abandoned paper in favour of polymer banknotes. Even the Bank of England will begin circulating polymer banknotes to replace the existing paper banknotes in 2016.
Australia is still the world's leading authority and prints
polymer banknotes for more than 20 other countries in the world.
But what is a polymer banknote and why is it better than a
paper banknote?
Find out in the March 2014 edition of AUS-e-NEWS, AUS-e-TUTE's free quarterly newsletter.
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