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King Charles will not appear on new Australia $5 note | King Charles will not appear on new Australia $5 note |
(about 2 hours later) | |
King Charles III will not feature on Australia's new five dollar note, the country's central bank has announced. | King Charles III will not feature on Australia's new five dollar note, the country's central bank has announced. |
The new design will pay tribute to "the culture and history of the First Australians", the Reserve Bank of Australia (RBA) says. | The new design will pay tribute to "the culture and history of the First Australians", the Reserve Bank of Australia (RBA) says. |
A portrait of the late Queen Elizabeth II appears on the current design of five dollar note. | A portrait of the late Queen Elizabeth II appears on the current design of five dollar note. |
The Queen's death last year reignited debates about Australia's future as a constitutional monarchy. | The Queen's death last year reignited debates about Australia's future as a constitutional monarchy. |
"This decision by the Reserve Bank Board follows consultation with the Australian government, which supports this change," the bank said in a statement. | |
"The Bank will consult with First Australians in designing the $5 banknote. The new banknote will take a number of years to be designed and printed. In the meantime, the current $5 banknote will continue to be issued. It will be able to be used even after the new banknote is issued," it added. | "The Bank will consult with First Australians in designing the $5 banknote. The new banknote will take a number of years to be designed and printed. In the meantime, the current $5 banknote will continue to be issued. It will be able to be used even after the new banknote is issued," it added. |
The RBA currently has no plans to change the design of any other denomination of Australian banknotes, a spokesperson told the BBC. | The RBA currently has no plans to change the design of any other denomination of Australian banknotes, a spokesperson told the BBC. |
It has not yet set a date for when it will reveal the new five dollar note design, they added. | It has not yet set a date for when it will reveal the new five dollar note design, they added. |
First pictures of King Charles banknotes revealed | First pictures of King Charles banknotes revealed |
What next for Australia after the Queen? | What next for Australia after the Queen? |
The King became the British monarch after his mother's death in September. | The King became the British monarch after his mother's death in September. |
As the British monarch, he is also the head of state of Australia, New Zealand and 12 other Commonwealth realms outside the United Kingdom. The role is largely ceremonial. | As the British monarch, he is also the head of state of Australia, New Zealand and 12 other Commonwealth realms outside the United Kingdom. The role is largely ceremonial. |
The British monarch's portrait has appeared on at least one design in every series of Australian banknotes. | The British monarch's portrait has appeared on at least one design in every series of Australian banknotes. |
However, in September Australia said the image of the new monarch would not automatically replace the Queen on its five dollar notes, and that she might be replaced by Australian figures. | However, in September Australia said the image of the new monarch would not automatically replace the Queen on its five dollar notes, and that she might be replaced by Australian figures. |
Much of Australia's currency already features Indigenous Australian figures and artworks. | Much of Australia's currency already features Indigenous Australian figures and artworks. |
In a 1999 referendum Australian voters chose to keep the British monarch as the country's head of state. | In a 1999 referendum Australian voters chose to keep the British monarch as the country's head of state. |
In 2021, Australia officially changed its national anthem to remove reference to the country being "young and free". | In 2021, Australia officially changed its national anthem to remove reference to the country being "young and free". |
You may also be interested in: | You may also be interested in: |
Maliwawa Figures: Ancient Aboriginal art "unlike anything seen before" | Maliwawa Figures: Ancient Aboriginal art "unlike anything seen before" |
Maliwawa Figures: Ancient Aboriginal art "unlike anything seen before" | Maliwawa Figures: Ancient Aboriginal art "unlike anything seen before" |