Australian Money

I'm getting conflicting information about those US $1 coins!

As for your notes, to the casual observer they do all appear to be the same shape, size, colour, etc.

The notes are all the same size, and mostly the same color: green. Here in the past few years, we have been getting a little more color on some of them.
 
Just to note - the technology for these polymer notes is patented.
We make notes for a few other countries (mostly smalled countries who cant afford to make their own money, ditto for minting coins)

I think the plastic money is great.
The first notes had problems - anyone remember it melting?
They speced it to work to a max temp of something like 60C, but found that people were putting it on top of metal tops of heated food counters - and the money would melt/stick to it!

And certainly counterfeit money is extremely rare and pretty easy to detect. The only attempts to pass it that Ive heard of in the last umpteen years has always been in dark locations - like inside some clubs.

The other thing to mention to our cousins over various bits of water - we dont have any coins smaller than 5c. We had 1c and 2c but got rid of them and no by law all total prices are rounded to 5c. So you might have something cost $1.23 but that would be $1.25 is you buy just 1. But buy lots of things and the rounding is only applied to the final total. You will find people who will fill up and put $40.02 in and pay just $40 and feel that they got some sort of bargain!!
 
You will find people who will fill up and put $40.02 in and pay just $40 and feel that they got some sort of bargain!!

Guilty :lol:

Been doing that since they introduced the rounding. Must have saved at least $10 by now :biggrin: Better in my pocket than the fuel companies.
 
The other thing to mention to our cousins over various bits of water - we dont have any coins smaller than 5c. We had 1c and 2c but got rid of them and no by law all total prices are rounded to 5c.


Ireally wish they would do that here in the States. Pennies are a pain in the donkey. I have 2 jars I dump spare change into: one for pennies and one for real money. When I last emptied the real money jar, it had like $180 in it (paid for half of the General Grabber UHP's on my Forester). When I empty the penny jar, it's like $14, and it takes hours to count. It's almost not worth the effort.
 
for that reason and it cost more to produce than what it is worth. our 1&2's was made from copper so it just wasn't worth it.

Same here. I have heard that the copper in a penny is actually worth more than 1 cent. Reminds me of an old story I heard. Back in the 1800s, they used to use something for roof shingles that required a nail and a washer to install (Slate? Copper? I dunno). The washers cost 2 cents, so ingenious roofers would drill holes in pennies and use them instead, saving 50%.
 
When we were kids, we grabbed these coins- they were still in circulation then- and used it to play 21 and poker during the school holidays.

Ireally wish they would do that here in the States. Pennies are a pain in the donkey. I have 2 jars I dump spare change into: one for pennies and one for real money. When I last emptied the real money jar, it had like $180 in it (paid for half of the General Grabber UHP's on my Forester). When I empty the penny jar, it's like $14, and it takes hours to count. It's almost not worth the effort.
 
As far as i am aware our money is the safest in the world. There have been some attemps at copying it but nothing has ever really come off.
It is also used in around 25 or more other countries.
The technology has a spin off in that a similar process will be used to manufacture flexible/printed solar cells on a huge scale. This will cut costs and means the cells can be wrapped around objects etc.
The company involved is called Spark Solar and they are setting up now in Australia.
 
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