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Tuesday, 8 March 1966

The changeover to the new decimal currency system for which work and planning have proceeded over several years went remarkably smoothly. The fact that it did so reflects great credit on the many people in all walks of life who played an active part in one aspect or another of the planning for this highly complex operation. Naturally, there were some uncertainties, and even an element of confusion, as was to be expected, in a few areas during thi early stages, but, by and large, the general public has rapidly become familiar with the new coins and notes.

The United Kingdom had a team of official observers in Australia at the time of the changeover. Presumably these must have reported favorably, because shortly afterwards the United Kingdom Government announced its own firm decision to change to a decimal system in 1971. New Zealand will be moving into decimals in July of next year, and several other smaller countries will also be following suit over the next year or two. There will be very few, if any, countries remaining outside the decimal family by the time of the British changeover. Australia thus will have become part of a world-wide decimal currency community.

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