The $5 Banknote Design

Written by Claude Haiku 4.5 from the extracted text on 28 Feb 2026. It can miss or misread redacted and scanned pages. Check the source before relying on it.

This FOI release contains correspondence between Reserve Bank Governor Phil Lowe and Treasurer Jim Chalmers regarding $5 banknote design from October 2022. The documents include an email from Lowe transmitting a letter to the Treasurer about the design, followed by internal Treasury circulation of an RBA Board paper on the same topic. The substantive content of Lowe's letter and the RBA Board paper itself has been redacted or withheld under exemptions, limiting the disclosure to procedural exchanges showing the matter was discussed at RBA Board level and communicated to senior Treasury officials including Secretary Steven Kennedy and Deputy Secretary Claudia Crawford.