Australia to replace Queen Elizabeth’s image on A$5 banknote

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Australia to replace Queen Elizabeth’s image on A$5 banknote
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Australia will replace the portrait of Queen Elizabeth II from its A$5 currency note with a new design to reflect and honor the history of its Indigenous culture, the country’s central bank said. | Reuters

Australia in September 2022 said the image of King Charles would not automatically replace Queen Elizabeth on A$5 notes, and that she might be replaced by Australian figures.

Authorities have said the decision to include the queen’s image on the A$5 dollar note was about her personality as opposed to her status as the monarch. The decision to update the note comes as Australia’s center-left Labor government pushes for a referendum, required to alter the constitution, to recognise Indigenous people in the document and require consultation with them on decisions that affect their lives.

In 2021, Australia officially amended its national anthem to remove reference to the country being “young and free” amid calls to recognise that its Indigenous people are the oldest civilization in the world. The Reserve Bank said it would consult with Indigenous groups in designing the A$5 banknote. It will take a number of years to design and print the new banknote. Until then, the current note will continue to be issued.

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