Australia will remove the portrait of Elizabeth II from its banknotes
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The Reserve Bank of Australia plans to replace the portrait of the British Queen Elizabeth II on the 5 Australian dollar banknotes with images related to the indigenous peoples of the country. The Financial Times writes about it.
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As noted in the bank, the portrait of the new King Charles III will not be placed on the currency either. The changes will come into force in a few years.
The new 5 Australian dollar banknotes will feature a design dedicated to the culture and history of the first Australians. The other side of the banknote will still feature the Australian Parliament.
The portrait of Elizabeth II was approved for the polymer banknote of 5 Australian dollars in 1992.
Author: 
News feed editor Anna Nedogybchenko. She writes on the following topics: Finance, banks, economy, investments
Source: Ministry of Finance
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