Australia replacing Queen Elizabeth with Indigenous design on $5 bill – CBC

Feb 01, 2023

Bill not expected to be in circulation for years; King Charles to feature on an upcoming coin instead

King Charles III won’t feature on Australia’s new $5 bill, the nation’s central bank announced Thursday, signaling a phasing out of the British monarchy from Australian bank notes, although the new monarch is still expected to feature on coins.

A new Indigenous design will replace the previous portrait of the late Queen Elizabeth, Australia’s Reserve Bank said, a move which honours “the culture and history of the First Australians.”

“The other side of the $5 banknote will continue to feature the Australian parliament,” the bank said in a statement.

Read More: https://www.cbc.ca/news/world/australia-queen-monarchy-indigenous-replacement-currency-1.6734222