In the first decade, bank Notes still circulate as a paper currency.
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 'Harrison series' of currency notes is issued
The 'Ash series' of notes is issued, named after John Ash
The 1953/54 series of currency notes is issued.
Australia converts from pounds, shillings and pence to decimal currency.
A $50 decimal currency note is issued.
The decision to replace the $1 note by a $1 coin is announced
The first Polymer' currency note - a $5 note - is issued.