A site for the national capital is chosen, later to be called 'Canberra'.
The Australian Notes Act 1910 is passed vesting authority to issue Australian notes in the Treasury.
The first Australian currency note (10 shillings) is issued. Other denominations follow. The notes reflect the dependence of the Australian economy on rural and mining industries.
The Commonwealth Bank takes over the distribution of currency notes from the private banks and organises the first Australian war loan.
The first flight takes place between England and Australia.
The authority to issue currency notes is transferred from Treasury to the Australian Notes Board.
