Australia will remove 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 Thursday.

Australia has announced the first major redesign of its banknotes in over five decades, marking a significant shift that could see historical figures removed from the nation’s currency. The Reserve ...

King Charles III will not appear on Australia's new $5 banknotes, the central bank said. The paper currency will instead feature designs representing the country's indigenous people. Australian coins, ...

John Hawkins used to work for the Reserve Bank of Australia. Wayne H Applebee does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this ...