Australia chooses to honor Aboriginal peoples instead of the British monarchy in its new $5 bill

Australia’s new $5 banknote won’t feature Britain’s new king.

King Charles III, who took the throne after the Queen’s death last year, will not be replacing the portrait of Queen Elizabeth II on the Australian bill. Instead of the monarch, who is technically Australia’s head of state, the new banknote will “feature a new design that honours the culture and history of the First Australians,” the country’s central bank said on Feb. 2.