Commerce 24

What are the key security features of polymer banknotes?

What are the key security features of polymer banknotes?

Polymer banknotes have a certain feel, return to shape, are durable, have a top to bottom window, a 3D image, a flying bird that moves, colorful birds that change colors, a reversing number, a rolling color effect, small window images, distinctive intaglio printing, background print, microprint, and fluorescent ink.

Define legal tender.

Legal tender is a form of payment that the legal system recognizes to discharge debt.

What coins are considered legal tender in Australia?

5c, 10c, 20c, and 50c coins up to $5; $1 coins up to $10; $2 coins up to $20; notes up to any amount.

What is the main use of coins in Australia's currency?

Coins are used for smaller values in our currency.

Where are Australian banknotes printed?

Australian banknotes are printed in Melbourne.

What feature makes polymer banknotes harder to counterfeit?

Polymer banknotes are harder to counterfeit due to their unique material and security features.

Name one famous banknote forger in Australia.

Gregory Robert Beeforth.

What does the term 'cashless society' refer to?

A society that primarily uses digital payment methods instead of cash.

What are three factors that influence travel planning?

Personal reasons, political conditions, and financial situations.

What is one source of information for travelers?

Media such as TV shows, YouTube, newspapers, and radio.

What is travel insurance designed to protect against?

Travel insurance protects against costs related to difficulties experienced while travelling, such as medical bills and loss of luggage.

What is a biometric passport?

A legal passport with a microchip containing personal information.

How much does an adult Australian passport cost?

$398.

What must you have when returning to Australia?

A valid passport with at least 6 months left and an incoming passenger card.

What kinds of visa allow you to work in a foreign country?

Work visas permit an individual to work and earn money in a foreign country.

What are some factors to consider when choosing travel insurance?

Understand your situation, cost, and compare policies to get the best value.

What are the two main types of Australian passports?

Adult passports and children's passports (and those for people over 75 years).

What is 'medical tourism'?

Traveling to a foreign country to undertake medical treatment.

What is one reason people partake in medical tourism?

Lower costs of medical services.

What is the role of the Department of Foreign Affairs and Trade (DFAT)?

To provide travel warnings and advice regarding safety in other countries.

List one example of travel advice provided by the DFAT.

Advice regarding riots, protests, and civil unrest.

What should you do if you lose your passport while traveling?

Report the loss to local police and the nearest Australian embassy.

What are some types of travel problems?

Travel documentation issues, financial problems, flight connections, and accommodation issues.

What are traveler’s cheques?

A form of prepaid currency that can be replaced if lost or stolen.

What should travelers do regarding vaccinations before visiting another country?

Ensure all vaccinations are up to date and appropriate for the countries being visited.

What is a travel itinerary?

A detailed travel plan including exact times, dates, flights, accommodation, and activities.

Define ecotourism.

Nature-based tourism that appreciates nature and cultural traditions.

What is cultural tourism?

Visiting places for their cultural or historical significance.

Define mass tourism.

Large amounts of people visiting a particular place throughout the year.

What type of tourism involves traveling primarily for health reasons?

Health tourism.

What is culinary tourism?

Traveling to experience regional food or learn to cook local dishes.

What significant feature does an Australian passport have?

A raised map of Australia on the bottom left-hand side.

What are token coins?

Coins whose worth is greater than the value of the metal used to make them.

How are Australian banknotes distributed?

They are distributed by the Reserve Bank to other banks, which then provide them to customers.

What is one factor that can significantly affect travel plans?

Political stability or instability.

What is one common use for travel apps?

Finding flights, accommodations, and activities.

What should you do if you encounter medical matters while traveling?

Consult with your GP or a travel medical professional for advice and vaccinations.

What happens to a cheque if there are no funds in the account it is drawn from?

The cheque is worthless.

What is a replacement passport?

A passport obtained if a new one is needed before the old one expires.

What is the maximum value for which coins are considered legal tender in Australia?

Coins are legal tender up to specific amounts: 5c, 10c, 20c, 50c up to $5; $1 up to $10; $2 up to $20.

What happens if you do not have enough money to cover a cheque?

The cheque cannot be cashed, resulting in outstanding debt.

How is someone eligible for a working visa?

They must ensure that no one else can do the job prior to applying.

What is one trend in payment methods noted in recent years?

A rapid shift toward digital and cashless payments.

What is the significance of the raised edge on coins?

It prevents shaving or clipping to extract precious metal.

What is a common feature on polymer banknotes that enhances security?

Fluorescent images that show under UV light.

What must travelers provide for an urgent passport application?

A compelling reason for the urgent travel.

What is the role of the Australia consular officials when travelers face problems?

They provide emergency travel documents and aid in accidents, serious illnesses, and more.

Define adventure tourism.

Travel for thrill, involving risk and often in a niche market.

Who needs a visa to enter the USA?

Australians who are not eligible for a waiver.

What is the cost of renewing an Australian passport?

It is the standard fee for a passport renewal.

What can travelers do if they lose their luggage?

Report the loss to the airline and ensure to file a claim, possibly with insurance.

What is one potential risk of worldwide travel?

Political unrest and instability.

What influences the price of travel insurance?

Age and pre-existing medical conditions.

What are the two types of travel warnings issued by DFAT?

Warnings about safety and health issues.

What can affect a traveler's financial situation when traveling?

The risk of losing or having money stolen.

What must be included on a travel itinerary?

Exact times and dates, flights, accommodations, and planned activities.

Define business tourism.

Travel for work-related purposes, such as attending conferences.

What can travelers use to ensure communication in a foreign country?

A list of basic phrases or sign language.

What is exchange rate?

The value of one currency in relation to another currency.

What is a tourist visa?

Allows an Australian citizen to enter most countries for a limited time.

What may travelers use to keep track of important documents?

A small bag kept with essential items.

What should a traveler check regarding weather conditions?

Check the forecast for the destination country before departure.

What is a significant post-Covid change in travel habits?

A shift toward cashless transactions, including digital payments.

What type of tourism often includes learning about local food practices?

Culinary tourism.

How do travelers usually find accommodations?

Through travel apps, websites, or brochures.

What is one reason for maintaining good hygiene while applying for passports during the pandemic?

To prevent the spread of Covid-19.

What does a 3D image feature on banknotes require?

It requires tilting the banknote to observe the changing perspective.

What should travelers do to ensure safety regarding health?

Consult a GP for up-to-date vaccinations.

What is the significance of emergency contacts while traveling?

To ensure support is available in case of unexpected problems.

What should you keep in mind about political stability when planning travels?

It can change unexpectedly and impact travel safety.

How is a visa different from a passport?

A visa allows entry into a country for a specific time, while a passport is a travel document that certifies identity and nationality.

What type of tourism focuses on areas with known religious importance?

Religious tourism.

What influences the type of accommodation one chooses when traveling?

Location, price, and availability.

What does a travel warning entail for travelers?

Advice regarding safety, health, and political conditions in the destination country.

What is one way travelers can prepare for language and culture differences?

Learn basic local phrases and cultural etiquette.