Category: Australian Dollars
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Investor needs a start-up capital of AUD$20,000, a Tuvaluan partner and pay a business registration fee of AUD$100. As of 2010 there are only seven foreign-owned
Australian one-hundred-dollar note ( AUD 100)
Reported that Australia may abolish its $100 note to close down loopholes used by the black economy. However, the Reserve Bank of Australia officially stated
The paper issue has a portrait of Antarctic explorer Sir Douglas Mawson, with a background of a mountain range with a geological strata format. A large diamond shape appears to the left of the main picture. Astronomer John Tebbutt is on the reverse, with a background of the observatory he built and a local church.[
The polymer used for AUD 100 issue was designed by Bruce Stewart, and features portraits of soprano Dame Nellie Melba and engineer and First World War general Sir John Monash.
A new design of the AUD 100 banknote, part of the Reserve Bank’s Next Generation Banknote Program, was released into circulation on 29th October twenty twenty .
The paper design includes a watermark of Captain James Cook in the white field, and a metallic strip embedded in the paper to the left (on the obverse side) of the note. The same watermark was used in the last issue of the pre-decimal banknotes.(citation needed)
The polymer issue includes a shadow image of the Australian Coat of Arms, which is printed over.
In the clear window, there is embossing—or a raised image—of the number 100 and a print of a lyrebird. Also for this issue, fluorescent coloring was added to the serial numbers, as well as a patch that shows the banknote’s value under ultraviolet light.
The star’s four points on the obverse and three on the reverse join to form the seven-pointed Federation Star when the note is held up to the light. Raised print and micro-printing of the denomination value are also included.
According to Reserve Bank of Australia statistics, number of AUD 100 banknotes in circulation in June 2005 was 149 million—18.5% of all notes in circulation. The cash value for these notes $14,924 million—41.9% of the total value for all denominations, the AUD 100 note had more cash value in circulation.
In June 2008 there were 176.9 million notes in circulation (19%), with a value of $17,690 million (42.1%).
In June 2017, 337 million AUD 100 notes were in circulation,22% of the total notes in circulation; worth $33,689 million, 46% of the total value for all denominations.