King Charles won't be replacing the late Queen on the new $5 note, after the Reserve Bank decides to honour First Nations culture instead.
The RBA said it would consult with First Australians on the new design."In the meantime, the current $5 banknote will continue to be issued.Different designs and previous controversies
"The Reserve Bank defended its decision to include the portrait of the Queen, explaining that the monarch's portrait always appeared on at least one banknote; as Australia remained a constitutional monarchy, it was still appropriate to depict the Queen on Australia's banknotes," it said. There have been Indigenous designs on different notes throughout the decades, including the first $1 banknote in 1966.
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