RBA opens new ‘highly secure’ banknote vault

philip-lowe
Australia still loves cash! Governor Philip Lowe says the vault "uses the latest technology"

The Reserve Bank of Australia has opened a new banknote distribution centre, built around a “very large vault”, which will be used to store its banknotes.

Speaking at the RBA’s annual board dinner, governor Philip Lowe said the new plant was an “important investment” for the region, and would help the central bank to manage the task of “issuing and storing banknotes for many years to come”.

“The new facility is built around a very large vault… it is highly secure. It also uses the latest

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: