Australia will not put king’s image on banknote

RBA says new design will honour indigenous people

Reserve Bank of Australia
The Reserve Bank of Australia
Alex Towle

The Reserve Bank of Australia will not place an image of Charles III on its five-dollar banknote, which currently features the late queen Elizabeth II.

The notes will instead “feature a new design that honours the culture and history of the First Australians”, the RBA announced on February 2. It said it will consult with indigenous Australians about the design.

The current notes will remain legal tender alongside the new notes. The central bank released upgraded issues of its banknotes between

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