New security features have been used to make the bill “impossible to forge” include a reversed number 100 and the image of a three-dimensional fan.
The note also includes famous words from Sir Monash and Dame Melba’s autobiography, Melodies and Memories.
A flying owl emblem landing on a fluorescent pink wattle branch can only be seen glowing under UV light.
Featured on the $100 is also the Golden Wattle which surrounds a clear section that stretches from the top to the bottom of the note.
To help people who are blind or suffer from poor vision, there are five raised bumps on each of the long edges of the $100 note.
The Governor of the Reserve Bank of Australia, Philip Lowe, said Australians ‘should feel proud of our banknote’.
“They are innovative and contain world-leading security features that keep the banknotes secure,” he said.
“The new $100 banknote celebrates the contributions that two outstanding Australians – Sir John Monash and Dame Nellie Melba – made to our society.”
This is the first time the $100 note has been replaced since the mid-1990s. The RBA previously confirmed that cost was the reason it was not changed.
The old note continues to be considered legal tender.