The portrait of the late Queen Elizabeth II on the Australian $5 banknote is replaced by a design that celebrates Aboriginal culture and history. This was announced by the Australian central bank on Thursday. King Charles III will not adorn the banknotes of the Commonwealth of Nations with it.
“This decision by the Central Bank’s Board of Governors follows discussions with the Australian government, which supports this change,” the central bank said.
Indigenous people must have a say in the design
The bank wants to consult with representatives of the indigenous people about the future design of the banknote. Other notes and coins Down Under already feature famous Aboriginal figures and artwork.
However, according to the central bank, it will take a few years before the new banknotes come into circulation. Until then, the five-dollar bills will continue to be printed with the Queen’s face. After that they remain valid.
The monarch’s portrait has been printed on banknotes since 1992. The death of the Queen in September last year had reignited the discussion about the monarchy in Australia. King Charles is the new head of state of the fifth continent.
Source: Krone
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