SYDNEY (AFP) – Australia will erase the British-based monarch from its banknotes, replacing the late Queen Elizabeth II’s image on its AUD5 note with a design honouring Indigenous culture, the central bank said on Thursday.
The decision to leave her successor Charles III off the AUD5 note means no monarch would remain on Australia’s paper currency.
The Reserve Bank of Australia (RBA) said it would consult with Indigenous people on a new design that “honours the culture and history of the First Australians”.
More details on Friday’s Borneo Bulletin