THERE has been some discussion in recent weeks on the redesign of the $5 note and what will adorn it.
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One notable suggestion is to show the renowned eye surgeon, the late Fred Hollows, on one side. This would be a good choice to acknowledge the work Fred Hollows did during his lifetime in restoring eyesight to thousands of disadvantaged people.
But the Reserve Bank could go one step further: scrap the $5 note altogether and replace it with a $5 coin and put Fred Hollows on the next $10, $20, $50 or $100 note when their reviews come up.
When the $5 note was introduced in 1967 you could shout a dozen schooners of beer for $5. Today you can't even buy one unless it is happy hour, so I think it's time the $5 note was superceded by a coin.
After the next decade or so it's likely notes and coins will progressively become obsolete as tap'n'go card transactions become the norm for small purchases. So, a final effort to print notes with our most historically worthy people appearing on them should be made (and no politicians please!)
Barry McDonald, Goulburn.