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Recent Trends in Banknote Counterfeiting

Author

Listed:
  • Alexandra Brown

    (Reserve Bank of Australia)

  • Shaun Collard

    (Reserve Bank of Australia)

  • Morgan Spearritt

    (Reserve Bank of Australia)

Abstract

Counterfeiting banknotes is a crime under Australian law. Although counterfeiting in Australia remains modest by international standards, the rate of counterfeiting has been rising in recent years as counterfeiters have increasingly taken advantage of developments in printing and copying. To ensure that counterfeiting remains low and banknotes remain a secure payment method, the Reserve Bank of Australia is issuing a new series of banknotes with upgraded security features.1 This article discusses trends highlighted by the Reserve Bank's ongoing monitoring and analysis of banknote counterfeiting activity in Australia.

Suggested Citation

  • Alexandra Brown & Shaun Collard & Morgan Spearritt, 2017. "Recent Trends in Banknote Counterfeiting," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 67-74, March.
    • Handle: RePEc:rba:rbabul:mar2017-08
    as

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    File URL: https://www.rba.gov.au/publications/bulletin/2017/mar/pdf/bu-0317-8-recent-trends-in-banknote-counterfeiting.pdf
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