Australia's central bank says its new $5 bill would feature an Indigenous design rather than an image of King Charles III. But the king is still expected to appear on coins.

Australia is removing the British monarchy from its bank notes. The nation's central bank said Thursday its new $5 bill would feature an Indigenous design rather than an image of King Charles III.

Australia’s new $5 banknote will not feature Britain’s King Charles III, but rather a new design that honors “the culture and history of the First Australians,” its central bank announced ...