03 February 2023 - King Charles will not appear on new Australia $5 note
Australian $5 note redesign won't feature King Charles, as Queen Elizabeth portrait removed in update
Stephanie Borys (ABC News, 02/02/2023)
King Charles will not feature on Australia's $5 banknote following a decision by the Reserve Bank of Australia, prompting outrage from the opposition.
The portrait of Queen Elizabeth II first appeared on the $5 polymer note in July 1992 when the Queen celebrated the 40th anniversary of her accession.
Australia to replace monarch on banknote with design honouring Indigenous culture
Renju Jose and Alasdair Pal (Reuters, 02/02/2023)
Australia will replace the portrait of Queen Elizabeth II on its A$5 banknote with a new design to reflect and honour the history of its Indigenous culture, the country's central bank said on Thursday.
King Charles ‘can hardly complain’ about not being on the $5 note
(Sky News, 02/02/2023)
Sky News host Chris Kenny says there was “a lot of argy-bargy today” regarding the announcement that King Charles III will not be pictured on the $5 note.
“This is one role he won’t inherit from his mum,” Mr Kenny said.
It’s tradition: Indigenous designs have been on Australian money since decimalisation
John Hawkins and Wayne H Applebee (The Conversation, 03/02/2023)
The Reserve Bank of Australia has announced that Queen Elizabeth II’s portrait on Australia’s $5 banknote will not be replaced by one of Charles III (as is happening in the United Kingdom). It will instead show a design that “honours the culture and history of the First Australians”.
While some will complain this is a break from the tradition of the reigning monarch’s head being on the lowest-denomination banknote, that has only been the case in Australia since 1966, when decimal currency was introduced.