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Money burning in the furnace (1989)

Money burning in the furnace (1989).


What happens to old or damaged bank notes?

Bank notes no longer fit for circulation are returned to the Reserve Bank and finely shredded in a machine called a granulator. A tube of granulated bank notes is on display in the Museum. Until 1989 old bank notes were incinerated in furnaces located on the roof of the Reserve Bank building.

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