Key takeaways:
- The nation’s central bank announced that the new $5 bill will feature an Indigenous design instead of an image of King Charles III.
- This move is part of a larger trend of countries around the world removing the British monarchy from their bank notes.
- The new design is expected to be unveiled in the coming months and is part of a larger effort to recognize and celebrate Indigenous culture in Australia.
The nation’s central bank announced Thursday that the new $5 bill will feature an Indigenous design instead of an image of King Charles III. This is the only remaining bank note in Australia to feature the monarch.
The decision was made following consultation with the center-left Labor Party government, which supported the change. This follows a trend of many former British colonies debating the extent to which they should retain their constitutional ties to the monarchy.
The new $5 bill will feature an Indigenous design, but the king is still expected to appear on coins that currently bear the image of the late Queen Elizabeth II.
The nation’s central bank has not yet revealed what the new design will look like, but it is expected to be unveiled in the coming months. It is part of a larger effort to recognize and celebrate Indigenous culture in Australia.
This move is part of a larger trend of countries around the world removing the British monarchy from their bank notes. It is a sign of the changing times and a recognition of the importance of Indigenous culture in Australia.
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