EconomyForex

Australia open to replacing queen’s image on banknotes

1 Mins read
JOE GIDDENS/ POOL VIA REUTERS

SYDNEY — The Australian government said on Tuesday that the image of King Charles III would not automatically replace Queen Elizabeth II’s on A$5 notes, and it may be replaced by Australian figures.

While coins are mandated to carry the image of the British monarch, Federal Assistant Minister for the Treasury Andrew Leigh said on Tuesday the decision to include the queen’s image on the A$5 dollar note was about her personality as opposed to her status as the monarch, and any changes would not be “automatic”.

Asked by a reporter if the government would consider replacing the British monarch with an Australian such as indigenous land rights activist Edward Mabo, Leigh said: “It will be a conversation to be had down the track.

“It is a conversation that will take place in government. There’s no rush about it. The priority now is changing over the coins.”

The Queen’s death has reignited debates about Australia’s future as a constitutional monarchy. Voters narrowly chose to maintain the British monarch as its head of state in a 1999 referendum. .

Prime Minister Anthony Albanese said on Tuesday that he had yet to turn his attention to whether an Australian should be on the A$5 note.

“I think this is a time where a bit of respect is required. We will deal with these issues appropriately, in an orderly way, in a way that is respectful.”

The Royal Australian Mint, the sole producer of coins in the country, said on Tuesday that it will issue no circulating coins bearing the effigy of Queen Elizabeth II in 2023.

Roughly 15 billion coins have been minted in the likeness of Queen Elizabeth II since her coronation in 1953. The mint produces between 110 million and 150 million coins annually. — Reuters

Related posts
EconomyForex

ADB and GCash Fuse partner to unlock inclusive finance for MSMEs, women and fight poverty in PHL

5 Mins read
(L-R) Martha Sazon, President and CEO of Mynt, the parent company of GCash; Tony Isidro, President and CEO of Fuse Financing Inc.;…
EconomyForex

ADB sees PHL returning to 6% growth by 2027

2 Mins read
A photo shows the central business district in Makati City. — PHILIPPINE STAR/RYAN BALDEMOR THE PHILIPPINE ECONOMY could return to around 6%…
EconomyForex

Groups flag P633 billion corruption risk in bicam-approved 2026 budget

2 Mins read
HANDOUT COURTESY OF OFFICE OF SEN. GATCHALIAN Multisectoral groups on Monday raised their recommendations on the P6.793-trillion national budget approved by the…
Power your team with InHype
[mc4wp_form id="17"]

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *