Note Printing Australia


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Note Printing Australia

An organization in Australia that manufactures cash money for general use. It was established in 1998 but traces its origins to 1913. It is owned by the Reserve Bank of Australia and is located in Melbourne.
References in periodicals archive ?
In the restricted tendering, some of the companies invited to show interest included French company Franccedilois-Charles Oberthur Fiduciaire, Germany's Giesecke and Devrient, Canadian Banknote Company, Britain's De La Rue, Holland's Joh Enschede Banknotes, Orell Fussli of Switzerland and Australia's Note Printing Australia Limited.But when CBK picked the finalists, it dropped Canadian Banknotes and Note Printing Australia leading to a protest by the Canadian High Commission in Nairobi.
Note Printing Australia (NPA) has unveiled details of Hybrid Illumination, a new means of machine inspection developed specifically for the large top-to-bottom holographic window that appears in Australia's Next Generation Banknote series.
This had a relatively short life, and during the mid-1990s the Reserve Bank began looking at options for using a polymer substrate under development by Note Printing Australia. It was a relatively new technology: the first Australian notes had been issued only in 1988, but it offered substantial advantages both in terms of durability--which implied substantial reductions in life-cycle costs for the Bank--and in terms of the range of possible security features.
A joint investigation by the Australian Broadcasting Corporation and Fairfax Media said secret files showed officials from the central bank's scandal-hit Note Printing Australia (NPA) went to Iraq to discuss a contract to turn the country's paper currency into polymer notes.
RBA will retain its Note Printing Australia Limited (NPA) unit, which in turn will sign a long-term polymer substrate supply contract with Securency.
The Sydney Morning Herald said it showed recently retired deputy governor Ric Battellino was given a detailed memo cataloguing alleged bribery and corruption inside NPA, or Note Printing Australia, in 2007.
According to Partner Niranjan Arasaratnam, who led the Allens team on the transaction, Allens and Linklaters advised Innovia on numerous transaction documents, including the share purchase agreement; a new long-term banknote substrate supply arrangement between Securency and the RBA's wholly owned subsidiary, Note Printing Australia Pty Ltd; and new debt financing arrangements with Securency's existing domestic Australian lender.
CSIRO, with Note Printing Australia, was responsible for the first use of a diffractive optical device on a banknote, with the issue of the commemorative Captain Cook ten dollar bill in January 1988, and Lee led the work that developed from these beginnings through the Pixelgram and the Exelgram.