International experience, which the Planning Document analyzes extensively, shows that in order to be effective spending caps must be based on a redefinition of the objectives of individual public programmes and on verification of efficient use of the resources allocated.
Industry estimates suggest that banknotes printed on polymer substrates, for example, cost twice as much to produce as paper banknotes, but last three to four times longer. This was certainly Australia's experience in the late 1990s, the first few years of printing our banknotes on polymer.