Posted By John
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Decimal currency (dollars and cents) was introduced in Australia on 14 February 1966. The Royal Australian Mint in Canberra, ACT is responsible for the design and minting of Australia’s circulating coins. Australia’s currency notes are printed in Melbourne, Victoria by Note Printing Australia Limited, a subsidiary of the Reserve Bank of Australia.

No matter where the money is made, we never seem to have very much of it. Now if we could just win the lottery!

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Big Bickies a lot of money, very expensive
Hole in the Wall ATM, automatic teller machine
EFTPOS money withdrawn directly from your account. Electronic Funds Transfer at Point of Sale. Direct debit in USA.
Docket receipt for a purchase
Mate’s Rates lowest discount for a “friend”
Hire Purchase something you can buy and pay off in instalments, but you receive the item when it’s purchased. Time payments in the USA.
Lay By purchase something on instalments (lay away – USA), but you only get the item when it’s fully paid for.
Bulk Bill doctors bill paid directly by Medicare or other heath insurer.
Term Deposit CD (Certificate of Deposit – USA)
Compo compensation payment for a work-related injury
Industrial Action action taken by employees as a protest, often a strike
Retrench reducing the total number of employees by laying off
Rort scam, cheating the system. Often describing politicians.
Stamp Duty government fee charged on certain kinds of legal documents such as in buying a house
Tax File Number Social Security Number (USA)
Advert advertisement
Pamphlet brochure
Old Money Terms
Trey three pence
Zack sixpence
Deener, Deenah schilling
Bob schilling
Two Bob two shilling or a florin
Quid pound (£)

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