We are a country of "Elizabethans", then-prime minister Malcolm Turnbull declared on the 25th anniversary of the Australian Republic Movement.
The man who led the failed 1999 referendum to break away from the monarchy conceded to a room of its fiercest opponents that their cause would be on hold until the end of Queen Elizabeth II's reign.
"The vast majority of Australians have known no other head of state than the Queen," Mr Turnbull told the crowd in the Great Hall of Sydney University in 2016.