The objective of this audit is to assess whether the Royal Australian Mint’s (the Mint’s) strategies for addressing the impacts of declining demand for Australian circulating coins are appropriate and effective.

Audit criteria

The audit criteria are:

  • Did the Royal Australian Mint have effective arrangements for developing strategies to address the impacts of declining demand for circulating coins?
  • Has the Royal Australian Mint’s implementation of the strategies supported it to effectively address the impacts of declining domestic demand for circulating coins?
  • Have the strategies been implemented in line with relevant legislative requirements?