Currency

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The basic art for the new Australian five dollar note, to be released in September, is creating controversy. Reserve Bank of Australia/AAP

Our punk, jarring five dollar note: so bad it’s good or just bad?

The Reserve Bank of Australia has announced a new five dollar note, to great general derision. The Australian Mint has a proud history of excellent design, so why is this new note so wrong?
The technology that drives Bitcoin enables almost riskless storage and transfer of value and data. Image sourced from Shutterstock.com

Don’t blame Bitcoin for the madness of men

It's just a matter of time before Bitcoin secures legitimacy as a currency.
Australia’s Aboriginal welfare problem of the 60s enabled widespread theft from Indigenous artists – including designs for the one dollar note. Reserve Bank of Australia.

‘Dollar Dave’ and the Reserve Bank: a tale of art, theft and human rights

Australia's original $1 note featured artwork taken without permission from Aboriginal artist, David Malangi. He was later given $1000, a medallion and a fishing kit, but archival evidence sheds new light on the affair.
Hamilton’s political enemies unduly tarnished his legacy. 'Hamilton' via www.shutterstock.com

It’s all about the Hamiltons, baby

Alexander Hamilton's story is our story. It would be a mistake to remove him from the $10 bill.
Puzzled by movements in the Aussie dollar? You’re not alone. Image sourced from Shutterstock.com

Obsessed with the dollar? What to expect from the Aussie in 2015

The Australian dollar is a curious currency. It is the fifth most traded in the world and it gyrates pretty wildly – having traded below 48 US cents and above 110 in the decade or so from mid 2001 to 2011…
Now is the winter of our discount cents. Kosala Bandara

Soaring Swiss franc causes havoc on currency markets

In one of the most remarkable days in the foreign exchange market for at least 20 years, the Swiss franc rose by an astonishing 30% against the euro in a mere five minutes. This is as a result of the announcement…

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