Switch to decimal currency
IN 1910 our nation created its own currency based on the Australian pound. Decimalisation had been considered but we followed the lead of Britain, which was firmly against it. By the late 1950s, however, the Menzies government recognised the sense of converting Australia’s currency to a decimalised one, in keeping with those of many of our trading partners.
Support for switching came down to practicalities – like its
