I'm not an expert by any means, but to me that looks too low-res to be useful for printing money. Still cool though.
They were caught out by scammers (or unknowing people with scammed notes) several times last year and the bank rejected the notes (and of course wouldn't hand them back)
Apparently the counterfeit notes are sometimes on a plastic too, but not sturdy enough to withstand a quick tear. I'm not sure how long that will hold true though.
It's an arms race that will not end.