Australia is removing the British monarchy from its bank notes. The nation's central bank said Thursday its new $5 bill would feature an Indigenous design rather than an image of King Charles III. But the king is still expected to appear on coins.
Britain's King Charles III sits with Prime Minister of Australia Anthony Albanese, as he receives realm prime ministers in the 1844 Room at Buckingham Palace in London, Saturday, Sept. 17, 2022. The nation's central bank said Thursday its new $5 bill would feature an Indigenous design rather than an image of King Charles III. But the king is still expected to appear on coins.The bank said the decision followed consultation with the government, which supported the change.
Australia's Reserve Bank said the new $5 bill would feature a design to replace a portrait of Queen Elizabeth II, who died last year. The bank said the move would honor "the culture and history of the First Australians." Opposition Leader Peter Dutton likened the move to changing the date of the national day, Australia Day.
Dutton said Prime Minister Anthony Albanese was central to the decision for the king not to appear on the note, urging him to "own up to it."
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