The portrait of Queen Elizabeth II first appeared on the $5...

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    The portrait of Queen Elizabeth II first appeared on the $5 polymer note in July 1992 when the Queen celebrated the 40th anniversary of her accession.

    Following the Queen's death, the RBA reviewed the design and today announced via a statement that the note would change, following consultation with the federal government.

    "The Reserve Bank has decided to update the $5 banknote to feature a new design that honours the culture and history of the First Australians," the statement said.

 
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