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Innovia Security

After launching the new Australian decimal system of currency in 1966, a major counterfeit fraud involving the $10 note was detected within the first 12 months of circulation.The incident led the government and the Reserve Bank of Australia (RBA) to look at ways of combating this threat.Working with the government's scientific department, the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and the University of Melbourne, the Reserve Bank of Australia (RBA) invested around $20m over the next two decades to develop a new paradigm in currency security.
Information
  • Company Phone +61 3 9303 0700
  • Address Line 1 Australia CCL Secure Pty Ltd PO Box 223 Craigieburn Victoria
  • City Craigieburn
  • State Victoria
  • Country Australia
  • Postcode 3064
  • Industry Others
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