Australian dollars will feature indigenous images in the future.
Earlier this week, Australia’s Reserve Bank announced that, at an indeterminate point in the future, the designs present on Australian dollars will be changing. Specifically, rather than the current design of late British monarch Queen Elizabeth III present on the $5 bill, the new $5 will feature a design inspired by the indigenous Australian people, as well as the current Australian government.
Australia won't be putting Charles on their money. pic.twitter.com/N1P6gecN8Y
— drex (@drex) February 2, 2023
According to the Reserve Bank, the front of the note will have a design meant to honor “the culture and history of the First Australians.”
“The other side of the $5 banknote will continue to feature the Australian parliament,” the Reserve Bank added.
“The monarch will still be on the coins, but the $5 note will say more about our history and our heritage and our country, and I see that as a good thing,” Treasurer Jim Chalmers said at a press conference, saying that the change would strike a good balance between honoring the British monarchy, which still serves as the country’s figurehead, and their own people.
Australia’s money is getting an update. Albeit not for several years #ozzyturks pic.twitter.com/UinHw3cSUV
— Ozzy Turks (@theozzyturks) February 3, 2023
The precise design has not been decided upon yet, with the Reserve Bank planning to consult members of the indigenous Australian population for ideas and approval. This process will likely take several years; in the meantime, the current $5 notes will still be accepted as legal tender, and will remain as such even once the new bills are implemented.
Beyoncé Sets Record for Most Grammys Won
-
Summit Focuses on Aid for Ukraine as Internal Divisions Threaten Unified Action European heads of state are set to...
-
A transformative partnership to boost biodiversity, resilience, and gender equality in the face of climate change. The Philippines, in...
-
Claims by the ‘Crimea Combat Seagulls’ of poisoning two dozen Russian soldiers raise questions, prompting scrutiny and calls for...
-
According to the latest annual report from the Tokyo metropolitan government, Tokyo finds itself at the bottom of Japan’s...
-
A revealing look at the tensions, beliefs, and family dynamics within the British royal family In his latest book,...
-
A single-engine aircraft en route from the Czech Republic to Croatia crashes in western Austria, prompting an investigation into...
-
Historic Bust: Massive Counterfeit Coin Operation Exposed, Unveiling Unprecedented Scale of Fake Toonies in Canada. In a groundbreaking development,...
-
Global leaders from BRICS urge restraint, humanitarian truce, and diplomatic solutions to quell the Israel-Hamas tensions. In a landmark...
-
Secretary of State Antony Blinken calls for de-escalation as fighting displaces millions and raises concerns for upcoming Congo elections....
-
The government is taking action to stop the spread of the bloodsucking pests. The South Korean government has launched...
-
Landmark ruling highlights ongoing tax challenges for short-term rental platforms in Italy In a significant development, an Italian judge...
-
Deportation Deadline Sparks Humanitarian Worries in Pakistan Pakistan’s government announced on Monday that almost 200,000 Afghan nationals have voluntarily...