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On the foreign scene, Australia to remove British monarch from banknotes

Written by on February 2, 2023

On the International scene

Australia will erase the British monarch from its banknotes, replacing the late Queen Elizabeth II’s image on its $5 note with a design honouring Indigenous culture, the central bank said today.

The decision to leave her successor King Charles III off the $5 note means no monarch would remain on Australia’s paper currency.

The Reserve Bank of Australia, RBA, says it would consult Indigenous people on a new design that honours the culture and history of the First Australians.

Queen Elizabeth’s death on September 8 last year was marked by public mourning in Australia but some Indigenous groups also protested against the destructive impact of colonial Britain, calling for the abolition of the monarchy.


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