Insane World

Reserve Bank of Australia takes ‘responsibilty’ for typo on 50 dollar bills

The Reserve Bank of Australia last week confirmed a printing error on the new 50 dollar note after a radio station posted a photo on social media sent in by a listener. An Instagram post by radio station Triple M revealed the typo mistake on the note just above the shoulder of Edith Cowan.

Cowan was the first Australian woman to serve as a member of parliament from 1921 to 1924. She has featured on the reverse of Australia”s 50-dollar note since 1995.

The RBA spelt “responsibility” as “responsibilty” on millions of new Australian 50 dollar bills which came into circulation in October 2018, last year.

Reserve Bank of Australia takes ‘responsibilty’ for typo on 50 dollar bills

The quote, which is barely visible to the naked eye and is repeated several times on the note, read, “It is a great responsibilty to be the only woman here and I want to emphasise the necessity which exists for other women being here.”

However, the RBA does not plan to withdraw notes from circulation anytime soon. Speaking to the press a bank spokesperson said, “The Reserve Bank of Australia is aware of it and the spelling will be corrected at the next print run.”

In its latest annual report, the bank said its note printing subsidiary delivered 227 million Australian banknotes in 2017-18, including around 184 million new series Australian AUD$ 50 banknotes.

Source : Various