The Reserve Bank predicts cash will disappear in a decade. But the most common use of banknotes in Australia is hoarding.

Australia has announced the first major redesign of its banknotes in over five decades, marking a significant shift that ...

Australia has $76 billion in banknotes outstanding somewhere in the economy and detective work from the Reserve Bank has found up to 8 per cent of the stash is tied up with criminal activity and drugs ...

They were billed as innovative, next-generation banknotes with added security — but Australia’s new $50 note also contain another feature: An unfortunate typo. The $50 note (US$34.9) which entered ...

CANBERRA, Australia — Australia is removing the British monarchy from its banknotes. The nation’s central bank said Thursday that its new $5 bill would feature an Indigenous design rather than an ...

Steve Irwin should be on Australian banknotes, according to a group of schoolboys who started a petition. Credit: getty images The very Australian environmentalist, Steve Irwin might not be the first ...

King Charles III will not feature on Australia’s new $5 banknote, the country’s central bank announced on Thursday, a divisive step as Britain’s former colonies reevaluate their ties to the monarchy ...