Canberra, Feb 2 (SocialNews.XYZ) 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.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz