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Australian banknote to feature new design

This photo taken on Nov. 1, 2022 shows the Reserve Bank of Australia in Sydney, Australia. (Xinhua/Bai Xuefei/IANS)

Canberra, Feb 2 (IANS) The Reserve Bank of Australia (RBA) on Thursday announced the country’s head of state, King Charles III, will not feature on the new A$5 banknote.

The RBA said the new design “honours the culture and history of the First Australians”, reports Xinhua news agency

It comes after a review of the design following the death of Queen Elizabeth II, whose portrait had featured on the note.

The RBA said the decision follows consultation with the Australian government, which supports this change.

The other side of the polymer note will continue to feature an image of the Australian Parliament.

“The bank will consult with First Australians in designing the A$5 banknote,” the RBA said in a statement.

“The new banknote will take a number of years to be designed and printed. In the meantime, the current A$5 banknote will continue to be issued.”

Every other Australian note features the portrait of an Australian who has made a defining contribution to the country, including Indigenous author, musician, inventor and activist David Unaipon on the A$50 note.

Indian Abroad News Desk
Indian Abroad News Deskhttps://www.indianabroad.news
Indian Abroad is a news channel and fortnightly newspaper meant for Australia’s Indian community and, besides news, focuses on lifestyle subjects like health, travel, culture, arts, beauty, fashion, entertainment, Bollywood, etc. Our YouTube channel here features daily news bulletins besides infotainment videos on lifestyle subjects.

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