King Charles III Won’t Appear on Australia’s New $5 Bill
Australia’s new five dollar note will not feature a portrait of King Charles III after the death of Queen Elizabeth II, the country’s central bank has announced.
The banknote’s new design will pay tribute to the “culture and history” of Indigenous Australians on one side, while the other side will continue to feature the Australian Parliament. The Reserve Bank of Australia (RBA) said the decision was made following consultation with the Government.
As the new $5 banknote will need to be designed and printed before being circulated, the current note with a portrait of the late Queen Elizabeth II will continue to be used in the meantime – and will still be valid when the new note comes out.