Coins bearing the effigy of King Charles will start entering circulation next year, but Andrew Leigh says swapping the Queen for the King on the $5 note is not a given.
King Charles III is not guaranteed to replace Queen Elizabeth II on the $5 note as the government is yet to decide what will be done, Assistant Treasurer Andrew Leigh says.will start entering circulation next yearAssistant Treasurer Andrew Leigh said the Queen was on the $5 because of who she was as a person.
Prime Minister Anthony Albanese said he was focused on the Queen’s funeral for now, rather than a redesign of the $5 note. “I actually would be as bold [as] to say that people will probably want to see King Charles on the $5 note.”
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