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Business & Finance $100 Notes

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The rare occasion I pay for something with a $100 bill I feel like the cashier thinks I am passing on a counterfeit note.
 

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What I want to know is why you never, ever get $100 notes from ATMs when you withdraw over $100. You only ever seem to get $50s.
ATM's only stock $50 notes and $20 notes. Reason being there are more of these two denominations in circulation and it easier to make different amounts. I know it would be easier to withdraw $600 in $100 notes, rather than having 12 $50 notes in your wallet, but that's the way it is.
 
ATM's only stock $50 notes and $20 notes. Reason being there are more of these two denominations in circulation and it easier to make different amounts. I know it would be easier to withdraw $600 in $100 notes, rather than having 12 $50 notes in your wallet, but that's the way it is.

Now that you mention it, I think I already knew that they only stock $50s and $20s in ATMs - I have a parent in the banking/finance industry, and recall discussing that with them at some point. But still, I don't understand why they don't put some more $100s into circulation through the ATMs at the expense of $50s and $20s (I know you can't just print more money, so it's got to be at the expense of other denominations). Maybe they just want them to remain a novelty :p
 
Aren't all the notes different sizes?

*checks wikipedia*

Notes are sized according to their denomination, for the visually impaired. They are the same height but of different lengths, in order of their value
 
I think Tasmanian Tigers ate them all.

Last time i made a decent sized withdrawal over the counter the cashier told me they didnt have any and gave me $50's instead. The tradie laughed when i paid him.
 

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I thought it was because when you put notes into a machine to pay for something they can tell what note it is by the size and shape. Same thing with coins.
 
Unfortunately I've very rarely had a $100 note in my possession so can't remember their shape

Same, i actually had more of the old style (through the mid 90's), than i did in the 00's. Used to love rocking up to the school canteen, and seeing if they would actually allow me to spend that much or get change from it etc :D.


I actually find more $20's + $50's in circulation (well that's what i frequently have in my wallet), a few years back i had more $5 notes than anything else, these days i rarely have them or $10 notes.
 
I preferred the orginal $100 note with Douglas Mawson on it.

Anyone remember who was on the other side?

discovery_100_dollar_note_front_big.jpg

Sir Douglas Mawson (1882–1958) was featured on the front of the $100 note. Mawson's scientific contributions ranged over a wide area of geology and physics and included three expeditions to the Antarctic. The design depicted Mawson in his Antarctic gear against a background of geological strata formations which he studied in the Flinders Ranges of South Australia.

discovery_100_dollar_note_back_big.jpg

John Tebbutt (1834–1916) was a pioneer astronomer who helped to lay the foundations for Australia's involvement in astronomy with the discovery of major comets. Tebbutt's portrait is thus set against representations of his observatory at Windsor, New South Wales, and elements to symbolise the sky and comets. SOURCE - Reserve Bank of Australia
 
discovery_100_dollar_note_front_big.jpg

Sir Douglas Mawson (1882–1958) was featured on the front of the $100 note. Mawson's scientific contributions ranged over a wide area of geology and physics and included three expeditions to the Antarctic. The design depicted Mawson in his Antarctic gear against a background of geological strata formations which he studied in the Flinders Ranges of South Australia.

discovery_100_dollar_note_back_big.jpg

John Tebbutt (1834–1916) was a pioneer astronomer who helped to lay the foundations for Australia's involvement in astronomy with the discovery of major comets. Tebbutt's portrait is thus set against representations of his observatory at Windsor, New South Wales, and elements to symbolise the sky and comets. SOURCE - Reserve Bank of Australia


wait...that isnt our $100 note anymore? wow im only 18 and I thought we still had that one
 

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Business & Finance $100 Notes

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