Australia To Remove British Monarch From Banknotes
View Source | February 2, 2023 12:07 pm
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- Australia will remove the British monarch from its banknotes, replacing the late Queen Elizabeth II’s image on its $5 note with a design honouring Indigenous culture, the central bank said Thursday.
- The decision to leave her successor King Charles III off the $5 note means no monarch would remain on Australia’s paper currency.
- The Reserve Bank of Australia (RBA) said it would consult Indigenous people on a new design that “honours the culture and history of the First Australians”.
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