IVMOA General Meeting!

We are fast approaching our 2015 GM so I need to get my preparation organised.

As our guest speaker, John Blackman, was enjoyed last meeting, we have booked another for our GM.

Meeting Date - Sat 14th Feb 2015 (Yes we are aware that it is Valentines Day - other dates were booked)

Venue - St George Rowers Club, Levey St, Wolli Creek (Adjacent to Sydney Int Terminal)

Meeting Times - 9.00am ~ 4pm

We will also have a number of Vending Machines on display. Currently we have booked in: Coinco/Royal, Ventrader, Vendzone, N&W Global/Nekta & PVS.

There are also a number of presenters booked in, but still working on timing for these.

So that we can ensure sufficient catering, we have had comments previously on insufficient food, we'll need your RSVPs to confirm numbers.

RSVPs are required by Fri 6th Feb please.

Chart at meeting



New Australian Banknotes coming

Next Generation Banknotes Program

Upgrading Australia's Banknotes

A core function of the Bank is to issue secure banknotes. Australia has one of the safest and most secure currencies in the world. It has experienced relatively low levels of counterfeiting for many years. To ensure that this remains the case, the Bank continually researches new anti-counterfeit technologies and developments in banknote design. In addition, over recent years, the Bank has had in place a program to upgrade the security of Australia's banknotes.

The upgraded banknotes will incorporate a number of new features that will mean Australia's banknotes will remain secure into the future. The banknotes will retain many of the key design elements of the current banknote series, such as the colour palette, size and people portrayed, but some design changes will be necessary to accommodate the new security features.

Considerable work has already been undertaken on this project, including the development and review of banknote designs and production trials of new security features. But it is important that the new features are rigorously tested, durable and effectively incorporated into the banknote designs. The Bank will also consult extensively with relevant stakeholders to ensure that Australia's banknotes continue to meet community needs. As such, it is anticipated that it will be several years before the first of the upgraded banknotes will be issued.

Further details will be announced as they become available.