Bold decision by Reserve Bank bucks conservative views on $5 banknote redesign

The redesign of the $5 banknote will centre First Nations art in an enduring statement for our future.

On Monday (17 March) the Reserve Bank of Australia (RBA) announced that the theme for the reimagined $5 banknote should “honour the enduring emotional, spiritual and physical connection of First Nations peoples to Country”.

In a formal statement, the RBA described its reasoning for this theme’s selection: “An important context for this connection is the overturning of the concept of terra nullius. This action recognised the existence of Aboriginal and Torres Strait Islander people’s relationship to Country for thousands of years.”

Unlock Padlock Icon

Unlock this content?

Access this content and more

Gina Fairley is ArtsHub's National Visual Arts Editor. For a decade she worked as a freelance writer and curator across Southeast Asia and was previously the Regional Contributing Editor for Hong Kong based magazines Asian Art News and World Sculpture News. Prior to writing she worked as an arts manager in America and Australia for 14 years, including the regional gallery, biennale and commercial sectors. She is based in Mittagong, regional NSW. Twitter: @ginafairley Instagram: fairleygina