The Reserve Bank announced on 17 March 2025 that the new $5 note will honour First Nations people’s connection to Country.
Key Facts
- Announced: 17 March 2025
- Theme: Connection to Country
- Picked from more than 2,100 ideas
- Replaces the portrait of Queen Elizabeth II
- Back of the note keeps Parliament House
The Theme
RBA Assistant Governor Michelle McPhee said: “The theme encompasses the deep connection First Nations peoples have to the land, the waters and the sky.”
Artists are asked to think about the overturning of terra nullius, the RBA said.
What Is Terra Nullius?
It was the false idea that no one owned the land when the British arrived. The High Court rejected it in the Mabo case on 3 June 1992.
The Debate
Peter Dutton criticised the decision not to use King Charles when it was announced in 2023.
Frequently Asked Questions
What will the new $5 note show?
Art about First Nations connection to Country.
Will King Charles be on it?
No.
How was the theme picked?
From more than 2,100 public ideas.
Conclusion
The new note will be the first $5 without a monarch.
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