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The Queen ousted from Kiwi note

Monday 06 July 1992 23:02 BST
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WELLINGTON (AFP) - New Zealand yesterday issued its first banknote not to carry an image of the Queen.

The dollars 5 ( pounds 1.45) bill, the lowest value paper note in circulation, has dropped the Queen in favour of the mountaineer and explorer Sir Edmund Hillary, 72, who with Sherpa Tensing in 1953 became the first climber to scale Everest.

Last year the Reserve Bank Governor, Don Brash, called for new designs, and ruled out the image of the Queen.

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