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

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Australia to replace Queen Elizabeth’s image on $5 banknote
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Australia to replace Queen Elizabeth’s image with design honouring Indigenous culture on $5 bill

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

Queen Elizabeth’s death last year has reignited debates in Australia about its future as a constitutional monarchy. Voters narrowly chose to maintain the British monarch as its head of state in a 1999 referendum. 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.

The decision to update the note comes as Australia’s centre-left Labor government pushes for a referendum, required to alter the constitution, to recognize Indigenous people in the document and require consultation with them on decisions that affect their lives.

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