The Commonwealth Bank of Australia issued Australian Pound banknotes in 9 different denominations, including this 5 Australian Pounds banknote. They are part of the Australian Pound banknotes series. The Commonwealth Bank of Australia started issuing these 5 Australian Pound banknotes in 1939. They were withdrawn from circulation in 1954.

The Australian blue-colored banknote of five pounds depicts King George VI. The obsolete £5 currency note contains the words ‘Commonwealth of Australia’.