Strike halts Australian banknote production

australian-dollars

The Reserve Bank of Australia has suspended banknote production today (May 25) for the first time in a century, as a result of workers going on strike for higher wages.

The RBA’s banknote production is handled by Note Printing Australia, a wholly owned subsidiary of the central bank. The company supplies other related services to the RBA, as well as printing passports, and serves 19 other central banks across the world from its plant in the southeastern state of Victoria.

In its wage negotiati

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 indvidual account here: