A new design for the $5 and $10 banknotes has been revealed.
The new $5 and $10 notes feature brighter colours, but include the same famous faces and flora design features.
New Zealand’s banknotes are being redesigned at an additional cost of $40 million over five years, in a bid to stay one step ahead of counterfeiters.
Reserve Bank deputy governor Geoff Bascand spoke to media at the launch of the new notes in Wellington and was asked if the redesigns could be the last.
The shape, size and feel of the new notes remains the same, and Sir Edmund Hillary and Kate Sheppard still take pride of place on the $5 and $10 notes.
The $5 and $10 notes will be released from mid-October, with the $20, $50 and $100s likely released in April 2016.
The new banknotes can be “taken for a spin” at the interactive website www.brightermoney.co.nz