Am I correct that the 1 cent coin is being phased out of circulation in Australia?

Question

Am I correct that the 1 cent coin is being phased out of circulation in Australia?

Answer 1

Yes, you are correct. The last 1 and 2 cent bronze coins were minted in 1991.

Answer 2

You are correct.

Answer 3

Both New Zealand and Australia has not had 1c and 2c coins for many years.

Prices are still $1.99 etc though - the till rounds it up or down to the nearest five cents.

Answer 4

The one cent and two cent coins were phased out years ago.

The way prices are going it will be the five cent coins that will be next to go.

I mean kids don't even stop to pick up ten cents if they drop it these days!!