Sorry, Charles: Australia replacing British monarchy on banknote with Indigenous design – Global News

February 2, 2023

Australia is removing the British monarchy from its banknotes.

Australia’s central bank announced Thursday that it will not be replacing the image of the late Queen Elizabeth II on its $5 bill with an image of King Charles III.

The new bill will instead feature an Indigenous design that honours the island’s original inhabitants.

“The Reserve Bank has decided to update the $5 banknote to feature a new design that honours the culture and history of the First Australians,” Australia’s bank wrote in a press release. “This new design will replace the portrait of Her Majesty Queen Elizabeth II.”

The reverse side of the bill will continue to feature the Australian Parliament, the bank said.

Read More: https://globalnews.ca/news/9454282/australia-removing-british-monarchy-banknotes/