Australia will no longer have British monarchs on banknotes.
After the death of Elizabeth II, her successor Charles III.
will not appear on banknotes, the central bank said on Thursday.
Instead, an indigenous motif should be shown on the five-dollar banknote, which has so far emblazoned on the deceased Queen.
The central bank said the decision had been agreed with the government.
At the same time, she admitted that the conversion and printing of the new banknotes would take a few years.
First of all, indigenous representatives should be consulted on what the design could look like.
With the introduction of the new five-dollar note, there will no longer be a British monarch on any Australian banknote.
The head of state of Australia is still the respective British monarch.
However, the country has been discussing a possible separation from the royal family for some time.
The death of Elizabeth II in September last year also triggered public mourning in Australia.
At the same time, however, indigenous groups protested against the royal family, accusing the monarchy of being partly responsible for colonial crimes.