But until then, the current five dollar bill design will continue to be full in circulation throughout the country. TIM ROOKE - WPA POOL/GETTY IMAGES Change continues to be afoot for the royal family.

The current design of the $100 bill, featuring Benjamin Franklin, was introduced in 2013. While the BEP has not confirmed whether Franklin's portrait will remain on future designs, the focus is ...

The 5-dollar bill (worth about $3.57) is the only Australian note that features the monarch, and earlier bills have featured examples of ancient and contemporary Aboriginal art.

So far, the only details the BOC can confirm is that the $5 note will be made of polymer with a vertical design. The institution expects the new bill to begin circulation in a few years.