Overview
- The new $5 note will feature the theme 'Connection to Country,' honoring First Nations peoples' ties to the land, instead of a portrait of King Charles III.
- This marks the first time an Australian banknote will not include a portrait of a person, with the reverse side continuing to depict Parliament House.
- The Reserve Bank of Australia selected the theme after receiving over 2,100 public submissions and consulting with First Nations organizations.
- The redesign aims to celebrate Indigenous culture while avoiding tokenistic or stereotypical elements, reflecting a hopeful future and the overturning of terra nullius.
- Monarchists have criticized the decision as part of a republican agenda, while the Reserve Bank emphasizes inclusivity and national identity in the redesign process.