WARNING: Counterfeit banknotes circulating Sunny Coast

DID you know it is an offence to knowingly possess counterfeit banknotes?   

Local residents are being warned to be vigilant as counterfeit $50 notes continue to be circulated in and around the Sunshine Coast region.  

Our colourful Australian banknotes are made from polymer, a type of plastic which incorporates many security features including its difficulty to tear and its ability to return back to shape after it is scrunched up.

Our plastic banknotes have a distinctive feel and they have a clear window with white images which cannot be easily rubbed off.   Our $50 note depicts famous Australians; Aboriginal writer and inventor David Unaipon (1872-1967) and Australia's first female parliamentarian, Edith Cowan (1861-1932).

The note is multi-coloured with sharp, multi-directional fine-line patterns on each side of the banknote.   The counterfeit $50 notes are easy to spot and you are within your rights to refuse to accept them. Some tips to help identify a counterfeit note:  

  • They are thinner, feel like paper and tear easily.
  • The clear window is raised around the edges and the white images of stars are of poor quality being easily rubbed off.
  • There is no shadow image of the Australian Coat of Arms when held up to the light.
  • The clear window is raised and the white images and border are easily erased on this counterfeit $50

As it is an offence to knowingly possess counterfeit banknotes there are three simple steps you should take to assist the Reserve Bank of Australia and police.  

Step 1: Store the note safely - Handle the suspect note as little as possible and store in an envelope.

Step 2: Note details - Note any relevant information including how the note came into your possession.

Step 3: Report to police - Report the matter immediately to your local police.  

There have been close to $1,000 worth of counterfeit $50 banknotes reported by victims recently. Police are urging local residents to assist them by reporting any suspect banknotes immediately.  

Anyone with information which could assist with this matter should contact Crime Stoppers anonymously via 1800 333 000 or crimestoppers.com.au 24hrs a day.  

Crime Stoppers is a registered charity and community volunteer organisation working in partnership with the Queensland Police Service.  

For all non-urgent police reporting or general police inquiries contact Policelink on 131 444 or Policelink.qld.gov.au 24hrs a day.

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