Reserve Bank release $50 note design

The new banknotes (top) with the old ones (bottom). Source: Reserve Bank of Australia Flickr.

The Reserve Bank of Australia has revealed the design of the new $50 note, following the release of the newly designed $5 and $10 notes in 2016 and 2017.

The new note will feature the same imagery as the previous design, portraits of Aboriginal writer and inventor David Unaipon and the first female member of an Australian parliament, Edith Cowan.

Governor Philip Lowe said: “Improved security and ease of recognition underpin the design of the new $50 banknote. With the release of the $5 and $10 during the past two years, we are confident the Australian public are becoming familiar with the new banknote security features”.

“David Unaipon and Edith Cowan were campaigners for social change and we are proud to continue featuring them on the $50 banknote. The new banknote provides the opportunity to tell more of the rich story behind these distinguished Australians,” Mr Lowe said.

The design features a clear window that runs from the top to the bottom of the note, as well as the iconic yellow/gold colour that is associated with the $50.

A media release from the Reserve Bank said: “There is also a patch with a rolling-colour effect and microprint featuring excerpts from David Unaipon’s book and Edith Cowan’s maiden parliamentary speech”.

The new banknotes will be released into general circulation in October 2018.

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