Editing Australian dollar (section)

=== First series ===
The first paper issues of the Australian dollar were issued in 1966. The $1, $2, $10 and $20 notes had exact equivalents in the former pound notes. The $5 note was issued in 1967, the $50 was issued in 1973 and the $100 was issued in 1984.<ref>''History of Banknotes'' http://banknotes.rba.gov.au/australias-banknotes/history/ {{Webarchive|url=https://web.archive.org/web/20151025162900/http://banknotes.rba.gov.au/australias-banknotes/history/ |date=25 October 2015 }}</ref>

The $1 banknote was replaced by [[Australian one dollar coin|a $1 coin]] in 1984, while the [[$2 note (Australian)|$2 banknote]] was replaced by [[Australian two dollar coin|a smaller $2 coin]] in 1988.<ref name="rbafgfysjf-mus-inflate-note">{{Cite web |url=http://museum.rba.gov.au/displays/rba-currency-reform/#inflation-and-the-note-issue |title=The Reserve Bank and Reform of the Currency: 1960–1988, Inflation and the Note Issue |publisher=Reserve Bank of Australia |work=Reserve Bank of Australia Music um |access-date=31 December 2015 |archive-url=https://web.archive.org/web/20160427094349/http://museum.rba.gov.au/displays/rba-currency-reform/#inflation-and-the-note-issue |archive-date=27 April 2016 |url-status=dead}}</ref> Although no longer printed, all previous notes of the Australian dollar remain legal tender.<ref name="rba-legal">{{cite web|url=http://banknotes.rba.gov.au/legal/deliberate-damage/|title=DELIBERATE DAMAGE|publisher=[[Reserve Bank of Australia]]|quote=All Australian banknotes, present and all past issues, are lawfully current in Australia.|work=Legal|access-date=9 February 2015|archive-date=4 March 2015|archive-url=https://web.archive.org/web/20150304102856/http://banknotes.rba.gov.au/legal/deliberate-damage/|url-status=live}}</ref>

Shortly after the changeover, substantial counterfeiting of $10 notes was detected. This provided an impetus for the Reserve Bank of Australia to develop new note technologies jointly with the [[Commonwealth Scientific and Industrial Research Organisation]], culminating in the introduction of the first [[polymer banknote]] in 1988.