King Charles III won't appear on new Australian bank notes
2 years, 1 month ago

King Charles III won't appear on new Australian bank notes

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy King Charles III won’t feature on Australia's new $5 bill, the nation's central bank announced Thursday, signaling a phasing out of the British monarchy from Australian bank notes, although he is still expected to feature on coins. A new Indigenous design will replace the previous portrait of the late Queen Elizabeth II, Australia's Reserve Bank said, a move which honors “the culture and history of the First Australians.” “The other side of the $5 banknote will continue to feature the Australian parliament," the bank said in a statement. Treasurer Jim Chalmers weighed in on the decision, saying the change was an “opportunity to strike a good balance.” “The monarch will still be on the coins, but the $5 note will say more about our history and our heritage and our country, and I see that as a good thing,” he told reporters in Melbourne.

History of this topic

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4 days, 11 hours ago
UK: Banknotes bearing portrait of King Charles III enter circulation
9 months, 2 weeks ago
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9 months, 2 weeks ago
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9 months, 2 weeks ago
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9 months, 2 weeks ago
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11 months, 1 week ago
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11 months, 1 week ago
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11 months, 1 week ago
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1 year ago
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1 year, 5 months ago
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1 year, 5 months ago
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2 years, 1 month ago
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2 years, 6 months ago
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