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The $50 note has an EMBARRASSING typo

$50 note with Edith Cowan. (Image: RBA)

The Reserve Bank of Australia was facing questions on Thursday after a radio show found a spelling mistake on the new $50 note.

A keen-eyed listener to Triple M's Melbourne breakfast show pointed out the printed transcript of Edith Cowan's maiden speech to the Western Australia parliament says "responsibilty" rather than "responsibility".

Cowan, who in 1921 became the first woman elected to any Australian parliament, uses the word in the phrase "it is a great responsibility to be the only woman here".

The phrase is printed three times on the bank note, and is reportedly misspelled all three times.

Yahoo Finance has confirmed the existence of the error.

$50 note with "responsibility" misspelt. (Image: Yahoo)

The Reserve Bank told Yahoo Finance that it was aware of the mistake.

"The spelling will be corrected at the next print run," said a bank spokesperson.

The error is only found on the new $50 note, which was put into circulation on October 18 last year.

"The banknote also includes pictures of the gumnut brooch Cowan had made to symbolise that entry into Parliament was a ‘tough nut to crack’ for women, and the King Edward Memorial Hospital, a women’s and maternity hospital that she helped establish," the Reserve Bank stated at the launch.

The other side of the note features inventor David Unaipon, who was also Australia's first published indigenous author.

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