Australia has announced the first major redesign of its banknotes in over five decades, marking a significant shift that ...

Australia’s new $5 banknote will not feature Britain’s King Charles III, but rather a new design that honors “the culture and history of the First Australians,” its central bank announced Thursday.

A subtle yet significant change is set to appear on Australian banknotes as Michele Bullock assumes her role as the new Governor of the Reserve Bank of Australia (RBA). As of Tuesday, September 19, ...

Australia will replace Queen Elizabeth II on its $5 note with a design honouring Indigenous culture - Copyright AFP Cris BOURONCLE Australia will replace Queen ...

King Charles III will not feature on Australia’s new $5 banknote, the country’s central bank announced on Thursday, a divisive step as Britain’s former colonies reevaluate their ties to the monarchy ...

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, ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Australia will remove the British monarch from its banknotes after it opted to use an indigenous design for its ...

CANBERRA, Australia — Australia is removing the British monarchy from its banknotes. The nation’s central bank said Thursday that its new $5 bill would feature an Indigenous design rather than an ...

Australian banknotes are now just as likely to be used for illegal black market activities - such as buying drugs - as everyday cash transactions, a new report has found. The Reserve Bank estimated 7 ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Out of the major nations examined, Sweden, Australia, and Denmark are the ...