The next generation $5 banknote has started ciculation from September 1 2016.

A core function of the Reserve Bank is to maintain public confidence in Australia's banknotes. Australia has one of the safest and most secure currencies in the world and has experienced relatively low levels of counterfeiting for many years. To ensure that this continues to be the case, the Reserve Bank researches anti-counterfeit technologies and developments in banknote design.The results of this work have culminated in a project to upgrade the security of Australia's banknotes.

The first denomination in the new series, the $5 banknote, was issued on 1 September 2016. The $10 banknote is expected to be issued in 2017 and the remaining denominations will be issued in subsequent years. For more infomation click here.

(Source: http://banknotes.rba.gov.au/australias-banknotes/next-generation-banknotes-program/overview/)

 

What you need to do.

If you own either a MEI or GBA banknote reader in any of your equipment (e.g. Dogwash, Change machine, Activation system etc.) you will need to contact the following manufacturers directly to inquire about upgrading your system.

If it is a MEI banknote reader:

Contact Methodical Services
Phone: 02 9793 2733. 

If it is a GBA banknote reader:

Contact MicroSystem Controls
Phone: 03 9646 6446.