Whose face should be on Australia's new $5 note?
- Replies 12
As we all know, Her Majesty Queen Elizabeth II sadly passed away, leaving the throne to her son, Prince Charles.
In light of this, the Reserve Bank of Australia (RBA) has announced they are 'consulting' with the Federal Government over who should appear on the new $5 banknote.
Traditionally, the face on the Australian $5 note is the reigning monarch.
King George V was the first monarch to appear on the country's currency when his side profile was printed on the half sovereign (10 shillings) note in 1923. There will soon be new coins featuring King Charles III, but the fate of the notes is uncertain.
In the wake of Her Majesty's passing, however, there have been requests for other well-respected Australians to be considered.
Some of these names include former olympian Cathy Freeman, indigenous actor David Gulpili, ‘show biz’ personalities Kylie Minogue and Olivia Newton-John, and even conservationist Steve Irwin.
Speaking at the RBA board's dinner on November 2, Governor of RBA Phillip Lowe said: 'We recognise that this is an issue that is of national interest, and there is a long tradition of the monarch being on Australia's banknotes.'
'Given this tradition and the national significance of the issue, the Bank is consulting with the Australian Government regarding whether or not the new $5 banknote should include a portrait of King Charles III,' he went on to add.
'We will make a decision after this consultation with the government is complete.'
It's likely that the argument about whether Australia should stay a monarchy or become a republic, which began almost immediately after the death of the Queen, has influenced the RBA's willingness to explore breaking away from longstanding traditions.
Despite the controversy, though, a recent Roy Morgan survey revealed that support for the monarchy has increased over the past ten years.
What are your thoughts, members? King Charles III may be on the throne, but do you think he should be on the fiver as well? If not, whose face do you believe is the best option to replace the Queen's? Or, if possible, do you think they should just keep the look as it is now? Let’s talk more about it in the comments!
And while we're still on the topic of Australia's $5 banknote, take a look at the video below to see why it's considered one of the bests in the world:
Credit: The Science of Everything.
In light of this, the Reserve Bank of Australia (RBA) has announced they are 'consulting' with the Federal Government over who should appear on the new $5 banknote.
Australians are debating whether King Charles III should be on the new $5 note. Credit: 7News.
Traditionally, the face on the Australian $5 note is the reigning monarch.
King George V was the first monarch to appear on the country's currency when his side profile was printed on the half sovereign (10 shillings) note in 1923. There will soon be new coins featuring King Charles III, but the fate of the notes is uncertain.
In the wake of Her Majesty's passing, however, there have been requests for other well-respected Australians to be considered.
Some of these names include former olympian Cathy Freeman, indigenous actor David Gulpili, ‘show biz’ personalities Kylie Minogue and Olivia Newton-John, and even conservationist Steve Irwin.
Here are some ideas for how the new fiver could look without the face of a monarch. Credit: 7News.
Speaking at the RBA board's dinner on November 2, Governor of RBA Phillip Lowe said: 'We recognise that this is an issue that is of national interest, and there is a long tradition of the monarch being on Australia's banknotes.'
'Given this tradition and the national significance of the issue, the Bank is consulting with the Australian Government regarding whether or not the new $5 banknote should include a portrait of King Charles III,' he went on to add.
'We will make a decision after this consultation with the government is complete.'
It's likely that the argument about whether Australia should stay a monarchy or become a republic, which began almost immediately after the death of the Queen, has influenced the RBA's willingness to explore breaking away from longstanding traditions.
Despite the controversy, though, a recent Roy Morgan survey revealed that support for the monarchy has increased over the past ten years.
What are your thoughts, members? King Charles III may be on the throne, but do you think he should be on the fiver as well? If not, whose face do you believe is the best option to replace the Queen's? Or, if possible, do you think they should just keep the look as it is now? Let’s talk more about it in the comments!
And while we're still on the topic of Australia's $5 banknote, take a look at the video below to see why it's considered one of the bests in the world:
Credit: The Science of Everything.
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