Australia is erasing Britain's monarchy from its paper currency, sidelining King Charles III

Australia's national bank said Thursday that its new $5 bill, which currently features a portrait of the late Queen Elizabeth II, will not feature King Charles III but rather an image honoring "the culture and history of the First Australians." That means none of Australia's paper (well, polymer) currency will depict Britain's monarchs. "The other side of the $5 banknote will continue to feature the Australian parliament," the Reserve Bank of Australia said in a statement.

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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.