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The world's first polymer note

Front: HMS Supply, one of a group of eleven ships to become known as the "First Fleet"

The ships left Portsmouth, England, on May 13, 1787 and established a settlement at Sydney Cove on January 26, 1788. A medley of people in the background serves to illustrate the diverse ethnicity of the nation.

Back: An Aboriginal youth wearing body paint, a Morning Star Pole and rock paintings

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Front: Elizabeth II (1926-), Queen of United Kingdom, British colonies and Commonwealth of Nations

She was born Elizabeth Alexandra Mary Windsor, daughter of King George VI and Lady Elizabeth Bowes-Lyon.

The young Princess Elizabeth was educated at home under the supervision of her mother. She studied history with C. H. K. Marten, Provost of Eton, and religion with the Archbishop of Canterbury. She speaks fluent French.

Princess Elizabeth joined the Auxiliary Territorial Service during WWII where she was known as No 230873 Second Subaltern Elizabeth Windsor, and was trained as a driver. She was the first female member of the royal family to actually serve in the military.

Elizabeth married Philip Mountbatten, Duke of Edinburgh, on 20 November 1947. The Duke is Queen Elizabeth's third cousin. They share Queen Victoria as a great-great-grandmother.

Elizabeth became the Queen upon the death of her father on 6 February 1952. Officially she is the Queen regnant of Australia, Canada, New Zealand, the United Kingdom of Great Britain and Northern Ireland, Jamaica, Barbados, the Bahamas, Grenada, Papua New Guinea, the Solomon Islands, Tuvalu, Saint Lucia, Saint Vincent and the Grenadines, Antigua and Barbuda, Belize, and Saint Kitts and Nevis. She also holds the positions of Head of the Commonwealth and the Supreme Governor of the Church of England.

Back: Australia's new Federal Parliament on Capital Hill, Canberra

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On 1st January 2001, Australia celebrated 100 years of Federation under which the six self-governing colonies combined to form the Commonwealth of Australia.

Front: Sir Henry Parkes (1815-1896), the "Father of Federation"

A long advocate of federation, he breathed life into the ailing movement with a rousing speech in Tenterfield, New South Wales, in 1889. He continued to work towards this goal but died in 1896.

Back: Catherine Helen Spence (1825-1910), journalist and social reformer

She was very active in the cause of state children, a novelist and a prominent supporter of electoral reform.

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Front: Andrew "Banjo" Patterson (1864-1941), Australia's leading bush poet

His two most famous works are "Waltzing Matilda" and "The Man from Snowy River".

Back: Mary Gilmore (1864-1962), as a young woman in the foreground and in her later year in the background

Gilmore was a celebrated author, poet, and social reformer campaigning for voting rights for women, relief of the poor and disadvantaged through a government welfare system and improved treatment of aborigines.

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Front: Mary Reibey (1777-1855), business woman

Reibey arrived in Sydney in 1792 as a 15 year old convict, inherited numerous businesses and properties upon the death of her husband. She owned the schooner "Mercury" which is depicted on the left of the note, and the building in George Street, Sydney which is shown on the right of the note.

Back: John Flynn (1880-1951), Presbyterian minister

He worked tirelessly in isolated communities in Australia's far flung areas. His work resulted in the eventual establishment of the Royal Flying Doctor Service.