Opposition Leader Peter Dutton has labelled the transfer an “attack on society” and “woke nonsense” after news of the change emerged at this time.
In an announcement this morning, the RBA stated as a substitute it can “honour the culture and history of the First Australians” on the five-dollar invoice.
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One facet will characteristic Parliament House, whereas the opposite will likely be designed in collaboration with First Nations Elders.
“The new banknote will take a number of years to be designed and printed,” the RBA stated.
“In the meantime, the current $5 banknote will continue to be issued.
“It will be capable of be used even after the brand new banknote is issued.”
The central bank said the decision comes after consultation with the government, which supported the change.
In November 2022, prior to the decision, Assistant Minister for Treasury Andrew Leigh confirmed that King Charles III will feature on the nation’s coins, which are issued by the Royal Mint and not the RBA.
At the time he said any transition to an image of King Charles III would not be automatic.
“As I perceive, the choice to incorporate the Queen’s face on the $5 observe was about her personally relatively than about her standing as a monarch,” he said.
“So that transition is not automated, we’ll have a wise dialog inside governments and make an acceptable announcement in the end.”
The last major upgrade to the five-dollar note was made on September 1, 2016, and featured the iconic image of Queen Elizabeth II next to Australian yellow wattle plants, with Parliament House on the other side.
The new note is the fifth design change made to the bill since polymer notes were issued in 1992 and it will be the first time a Monarch will not feature on the note in nearly a century.
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Dutton blasts change as ‘woke nonsense’
Dutton spoke to 2GB host Ray Hadley late this morning following the Reserve Bank’s announcement.
“I feel it is one other assault on our methods, our society, our establishments,” he said.
“There no query about this that it is directed by the federal government, I feel the prime minister ought to come clean with it.
“He would have been central in the decision-making and if it’s a decision they’ve made, put your hand up and say this is the reason we’ve made it.”
Dutton additionally labelled the observe change as “woke nonsense”.
The $50 observe, which honours First Nations creator David Unaipon, has been in circulation since 1995.
Source: www.9news.com.au
