Private issues banknotes
Before the Commonwealth started issuing distinctive banknotes in 1910, many private banknotes circulated in Australia. Most of the banks issuing them fell between boom an depression cycles. Most of the banknotes from the following list of private institutions are very scarce and are mostly found in specimen or proof condition.
After the Australian Not Act was passsed, from 1910 to 1914, the Commonwealth bought a lot of the unused notes from private banks and printed worded script on them. These bankntoes are also called superscribed banknotes. It is only in 1945 that the Government prohibited banks to print notes.