News Karnataka
Friday, March 29 2024
Cricket
Australia

Canberra: Australian banknote to feature new design

Canberra: Australian banknote to feature new design
Photo Credit : IANS

Canberra: 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.

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

To get the latest news on WhatsApp