Timeline of Australian money By swei Period: Jan 1, 1901 to Dec 1, 2001 Timeline of Australian Money Jan 1, 1905 private bank notes continued to circulate Jan 1, 1910 The Australian Notes Act 1910 Jan 1, 1913 The first Australian currency note (10 shillings) is issued Jan 1, 1920 The authority to issue currency notes is transferred from Treasury to the Australian Notes Board. Jan 1, 1923 The 'Harrison series' of currency notes is issued Jan 1, 1933 The 'Ash series' of notes is issued, named after John Ash, the note printer Jan 1, 1953 The 1953/54 series of currency notes is issued Jan 1, 1966 The first series of decimal notes is issued Jan 1, 1973 A $50 decimal currency note is issued Jan 1, 1984 The decision to replace the $1 note by a $1 coin Jan 1, 1988 The first currency note - $10