Australia announces decision to remove British monarchy from its banknotes

Daily Current Affairs / Australia announces decision to remove British monarchy from its banknotes

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Category : International Published on: February 04 2023

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Australia has announced that its new $5 bill will not feature the image of King Charles III, a move that signals a phasing out of the British monarchy on Australia's currency notes.
The new currency notes of the $5 would feature an Indigenous design rather than an image of King Charles III.
The other side of the note will continue to feature the Australian Parliament.
King Charles III is the head of state in Australia, New Zealand and 12 other Commonwealth territories outside the UK.
King Charles III becomes British monarch after the death of his mother in September.