oz currency and the 5 cent piece dinosaurs

[Revolio]

Just made a purchase in a New World supermarket in Auckland and a young lady brought this Aussie up to date. NZ got rid of their 5c pieces a while ago (I missed it), just a matter of time before Oz follows suit? (they've had 15% GST also for a while now; I'm sure the current govt would love to mimic that one too) And they are undergoing a flag change (I like the silver fern design with red/blue option with black diagonally opposite), I can see this surfacing soon, with or without the republicanism - it is starting to look like Oz just runs a decade behind their 'ditch-ready' younger ANZUS sibling with the bright ideas. (???)

 

[Cruiser Elite]

Yep its a great place - shame New Zealanders don't want to live there!

New Zealander Australian

In 2013, there are about 650,000 New Zealand citizens living in Australia,[SUP][2][/SUP] which is about 15 per cent of the population of New Zealand.[SUP][3][/SUP]

 

[TomVexille]

Yeah, they got rid of those over 8 years ago. The GST rise was in the last couple years though. Ridiculous conservative government.

Yep its a great place - shame New Zealanders don't want to live there!

New Zealander Australian

You'll find that net migration is now back towards NZ.

 

[Cruiser Elite]

You'll find that net migration is now back towards NZ.

So one more Kiwi went home than came here? Which period in particular?

 

[RooFlyer]

Things are easier when there are no pesky state governments to deal with!

 

[TomVexille]

So one more Kiwi went home than came here? Which period in particular?

Earlier this year. April had 100 more in that direction.

New Zealand migration to Australia reverses - BBC News

 

[Dr Ralph]

Why would you get rid of the .5c coin? Has the US gotten rid of the .1c?

 

[marki]

Why would you get rid of the .5c coin? Has the US gotten rid of the .1c?

Our dollar is a 5 cent coin when you look at it's purchasing power. (losts its Ummf) .......But the 5 cent coin may be to expensive to produce. There is no coin operated machine that takes them surely?

 

[Revolio]

Why would you get rid of the .5c coin? Has the US gotten rid of the .1c?

Wouldn't that be a strong reason to get rid of them? Kiwis resemble civilised human beings more than the globalisation addicts.


Side issue at the other end of the scale, over the last 12 months there seems to be a distinct increase in the number of beggars in Auckland. Seem to be everywhere (or do I just seem like an easy target and they come out of the woodwork?)

 

[TomVexille]

Why would you get rid of the .5c coin? Has the US gotten rid of the .1c?

They're a waste of space. And it streamlines the entire process.

 

[Colin 2905]

But the 5 cent coin may be to expensive to produce. There is no coin operated machine that takes them surely?

The two drink machines where I work don't take 5¢ pieces, but the snack machine does. The snack machine is happy to accept multiple 5¢ pieces, and pressing the coin return button will return something larger that can then be used in the drink machines.

 

[marki]

So its not a dino

 

[kelvedon]

Why would you get rid of the .5c coin? Has the US gotten rid of the .1c?

I wouldn't be looking to the USA for currency innovations. They still have a $1 note and no $1 coin, and confusingly all the notes are the same size and colour irrespective of their value.
One of their coins is called a Dime, yet it has no sign of its value stamped on it. On my first trip to the US I had to ask a rather bemused local how much it was actually worth.

 

[moa999]

The US actually does have $1 coin, its just not particularly common, and not as easy to use for a tip!

 

[Cruiser Elite]

And they have a $2 note - try finding one of those!

 

[whatmeworry]

The US actually does have $1 coin, its just not particularly commo n, and not as easy to use for a tip!

Hard to make it rain with dollar coins...

Myki machines don't take 5 cent coins. Would be nice if they did but Myki machines required you to deposit a minimum dollar worth of currency and maximum 14 coins.

 

[JohnK]

Bring back the 1c and 2c coins.

Currently rounding up/down to nearest 5 cents and would the same still apply rounding up/down to nearest 10 cents?

 

[wandering_fred]

At least EFTPOS in Australia understands decimal currency to the penny...

As for the US dollar coins, the early ones are worth a lot more than one US dollar. The modern ones look too much like a US quarter (dollar coin). Remind me and I'll bring a US $2 bill to a "DO".

Happy wandering

Fred

 

[harvyk]

And they have a $2 note - try finding one of those!

I remember getting one, and then been concerned that the bus driver wouldn't accept it.

These days I consider 5c coins to be "charity money", in other words if I get some 5c coins I'll just put them into charity boxes down at the shops.

 

[Warks]

It always amuses me how Americans don't get the logic of our $1 coin being larger than our $2 coin to which I respond: what about your nickels (5c) being larger than your dimes (10c)?

While we're on coins, how long can any of us go without using coins/notes at all? I find I have cash in my wallet for weeks and weeks now as everything goes on the card. Now I have an Opal card I don't spend cash on train tickets either. Once notes become coins they just go in the money box.