King Charles will not appear on the new Australia $5 note

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The country's central bank has announced that King Charles will not be on Australia's new five dollar note.

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The Reserve Bank of Australia (RBA) says the new design will pay tribute to the culture and history of Indigenous Australians.

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The current design of the five dollar note features a portrait of the late Queen Elizabeth II.

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The Queen's death last year reignited debate about Australia's future as a constitutional monarchy.

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The bank will first consult with Australians in designing the $5 banknote. It will take years for the new banknote to be designed and printed. In the meantime the current $5 banknote will continue to be issued.

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The A$5 banknote is the only Australian banknote with an image of the British monarchy. The late Queen also appears on the country's coins, although Australia is transitioning to using an effigy of King Charles.

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The RBA said it has not yet set a date for when it will reveal the new design for the $5 note. The decision was welcomed by tribal politicians and community leaders.

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Recent estimates suggest that First Nations people lived in Australia at least 65,000 years before British colonisation.

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As British monarch, he is also the head of state of Australia, New Zealand and 12 other Commonwealth states outside the United Kingdom. The role is largely ceremonial.

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Each series of Australian banknotes has featured a portrait of the British monarch on at least one design. In a 1999 referendum, Australian voters chose the British monarch as the country's head of state.

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