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Line 1: {{Use Australian English\|date=May 2024}} {{Use dmy dates\|date=November 2019}} {{Infobox company \| name = Note Printing Australia \| logo = Note_Printing_Australia_logo.png \| type = [[Subsidiary]] \| industry = Printing \| founded = {{Start date and age\|1998\|06\|01}} in [[Craigieburn, Victoria\|Craigieburn]], Australia \| hq_location = 1/9 Potter Street \| hq_location_city = Craigieburn \| hq_location_country = Australia \| area_served = Australia \| products = {{Unbulleted list\|Bank notes\|Passports}} \| parent = [[Reserve Bank of Australia]] \| website = {{URL\|https://www.noteprinting.com/history}} }} '''Note Printing Australia''' (NPA) is a wholly owned subsidiary of the [[Reserve Bank of Australia]] (RBA) that produces [[banknote]]s and [[passport]]s. It was corporatised in July 1998 and is located in [[Craigieburn, Victoria\|Craigieburn]], Melbourne. NPA has its origins as a subsidiary of the [[Commonwealth Bank]] and was established in 1913 to print banknotes for Australia. After printing paper banknotes for 75 years, NPA introduced the first [[polymer banknote]] technology in 1988. NPA print banknotes for several other countries as well as Australia due to the high standards of durability and difficulty of counterfeiting. ==NPA polymer banknotes== In the mid 1960s Australia was hit by forgeries of the newly introduced [[Australian ten-dollar note\|$10 paper decimal note]].<ref name="Our Currency">{{cite web\|title=Our Currency \|url=http://www.dfat.gov.au/facts/currency.html \|website=Department of Foreign Affairs and Trade \|publisher=Australian Government \|accessdate=16 June 2014 \|date=November 2009 \|~~deadurl~~url-status=~~yes~~dead \|archiveurl=https://web.archive.org/web/20110928075611/http://dfat.gov.au/facts/currency.html \|archivedate=28 September 2011 ~~\|df=~~ }} </ref><ref name="The Money Changers">{{cite news\|last1=Shand\|first1=Adam\|title=The money changers\|url=http://www.theaustralian.com.au/news/features/the-money-changers/story-e6frg6z6-1226387544763#\|accessdate=16 June 2014\|work=[[The Australian]]\|publisher=News Corp Australia\|date=8 June 2012~~}}{{paywall~~\|url-access=subscription\|archive-url=https://web.archive.org/web/20120608103948/http://www.theaustralian.com.au/news/features/the-money-changers/story-e6frg6z6-1226387544763\|archive-date=2012-06-08}}</ref> In response, the [[Reserve Bank of Australia]] and Note Printing Australia commissioned the [[CSIRO]] to find better ways to secure the Australian currency. This led to the development of the [[polymer banknote]], which the NPA took into production and introduced in 1988.<ref name="Our Currency" /> NPA has since focused heavily in promoting the benefits of the polymer technology they developed. According to internal RBA documents, NPA's printing costs in 2012 were 34¢ per note.<ref>{{cite news\|last1=Shand\|first1=Adam\|title=RBA 'wasting $50m a year' on print subsidiary\|url=http://www.theaustralian.com.au/national-affairs/policy/print-subsidiary-costing-a-mint/story-fn59nsif-1226482958793#\|accessdate=13 June 2014\|work=The Australian\|publisher=News Corp Australia\|date=28 September 2012}}</ref> These notes contain trace amounts of tallow which is a hard animal fat and is often avoided by vegetarians and certain religious groups.<ref>{{cite news\|title=Vegans, vegetarians angry tallow animal fat used in Britain's new polymer banknotes.\|url=http://www.abc.net.au/news/2016-11-30/anger-over-animal-fat-used-in-britian's-new-polymer-currency/8077676\|accessdate=30 November 2016\|publisher=ABC News}}</ref> ===Use of polymer banknote technology in Australia and other countries=== While NPA was initially involved in the production of the polymer substrate, a subsidiary company was created in 1996 that effectively removed NPA from this aspect of the banknote supply chain. Today, polymer substrate is manufactured in Australia by CCL Secure, which is wholly owned by [[CCL Industries]], a Canadian publicly listed company. Polymer banknotes are now issued in more than 60 countries worldwide, including [[Canada]].<ref>{{cite web\|url=http://www.bankofcanada.ca/wp-content/uploads/2011/06/currency_polymer.pdf\|title=Backgrounder on Canada's new polymer bank note series\|publisher=Bank of Canada\|date=June 2011\|ref={{harvid\|Bank of Canada\|June 2011}} }}</ref> Since 1988, NPA has printed more than 10 billion banknotes for 19 countries on more than 80 denominations.<ref>{{cite web\|url=https://www.noteprinting.com/our-customers\|title=Our Customers}}</ref> NPA has won numerous awards for its business and printing capability. In 2020, NPA won the Currency Services Award by the London-based industry organisation ''Central Banking''<ref>{{Cite web\|url=https://www.noteprinting.com/newsacrhive/2020/2/7/npa-honoured-to-receive-central-banking-award\|title = Npa Honoured to Receive Central Banking Award\| date=7 February 2020 }}</ref> and won a Printing Industry Craftsmanship Awards Gold Medal for the design and production of the Solomon Islands new $5 polymer banknote.<ref>{{Cite web\|url=https://www.noteprinting.com/newsacrhive/2020/7/22/solomon-islands-5-wins-printing-excellence-gold-medal\|title = Solomon Islands $5 Wins Printing Excellence Gold Medal\| date=22 July 2020 }}</ref> ==Printing equipment== Line 12 ⟶ 33: ==References== {{reflist}} * Note Printing in Australia (RBA) (~1988) Published by Nucolorve Productions Pty Ltd, {{ISBN\|0-85858-097-7}} * Australia's New $5 Note, (RBA) leaflet * Australian Currency Notes - How they are made, (RBA) leaflet ==External links== * {{official website\|https://www.noteprinting.com/}} {{coord\|display=title\|-37.612974\|144.943453\|type:landmark_region:AU}} Line 23 ⟶ 41: [[Category:Mints of Australia]] [[Category:Commonwealth Government-owned companies of Australia]] [[Category:~~1913~~Australian ~~establishments~~companies established in ~~Australia~~1913]] [[Category:Banknote printing companies]] [[Category:Reserve Bank of Australia]] [[Category:Printing companies of Australia]] [[Category:Companies based in Melbourne]] [[Category:Buildings and structures in the City of Hume]]