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ABC News
ABC News
Business
political reporter Stephanie Borys

Australian $5 note redesign won't feature King Charles, as Queen Elizabeth portrait removed in update

Australia Reserve Bank RBA Reserve Bank of Australia

King Charles will not feature on Australia's $5 banknote following a decision by the Reserve Bank of Australia, prompting outrage from the opposition.

The portrait of Queen Elizabeth II first appeared on the $5 polymer note in July 1992 when the Queen celebrated the 40th anniversary of her accession. 

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