18th July 2017Financial ServicesHologramSecure Labels

Holograms at the heart of Australian $5 note to stop counterfeit

The new Australian $5 banknote has been released on the 1st of September to stop counterfeiters in their tracks. It is the first new Australian currency note in a quarter of a century and it has taken over 10 years of research and trials to get there.

The new bill comes with enhanced security features, making it one of the hardest in the World to counterfeit.

Security Features

The new security, which will certainly discourage even the cleverest counterfeiters, include:

  • Rolling colour effect : A rolling colour effect is visible on both side of the bill and in particular on an eastern Spinebill at the front of the bill
  • Holographic rendition of the Federation Pavilion at the bottom of the window with a number 5 that changes direction
  • Top to bottom clear window incorporating multiple security features. It is the first banknote in the World to have a window that spans from the top to the bottom of the banknote.
  • Hologram of an eastern Spinebill that moves its wings and changes colour when the note is tilted
  • Microprint which appears on multiple locations on the banknote
  • An embossed Federation Star with a light and dark effect in a small clear window

Tactile feature

A tactile feature has also been developed for the vision-impaired community, in the shape of a raised bump on each of the long edge of the bank note.

This is the first time a “tactile” feature has been included on an Australian banknote. Other currencies that use such features have had issues with the “dot” getting squashed but a new printing method has been used that allows the tactile feature to be made as part of the note itself ensuring a lasting lifespan.

For more detail on each feature, visit the Reserve Bank of Australia website or watch this YouTube video .

What next?

Australia has always been ahead when it comes to currency technology. It was the first country to introduce “plastic bills” on 1988 before switching fully to the material in 1996. The country plans to upgrade their other bank notes in the coming years starting with the $10 note in 2017. Each new banknote will feature a different Australian bird.

Holograms – The Superstar of security features

Since their invention by Dennis Gabor in the 50s, holograms have become one of the most used and trusted security print features. As well as appearing on banknotes, cheques and credit cards, they are used across the World to protect products and brands. For example, they can be used on packaging or official documents such as certificates.

Sources: 
http://www.abc.net.au/news/2016-09-01/five-dollar-banknote-rollout/7804174
http://www.digitaltrends.com/cool-tech/new-australian-cash/
http://banknotes.rba.gov.au/australias-banknotes/next-generation-banknotes-program/

Hague supplies millions of holograms each year Contact us now to find out how we can protect your products and your brand from counterfeiting.

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