Australia and monarchy’s or republics

ALR so I just went down a rabbit hole on Australian politics, constitution and monarchy vs republic. There was actually a referendum on whether to become a republic in 1999 but it failed, mostly because of the model of republic that was presented (the president would be chosen by parliament rather than by popular vote). After the queens death albanese stated that, out of respect, he would not push a republic referendum until at least his second term if it occurs. So it is entirely possible that in the next few years we will have a referendum on it. The only thing it would actually do is signify that Australia is no longer tied, in any way to the UK and we are fully independent. The president probably wouldn’t have any real power but be more of a person that is supposed to personify the nation and act as a diplomat. Personally I am 100% in favour of a republic and monarchys just seem like a relic from the past. Either way there was a lot more to this discussion than I thought there would be (as with all things) and I hope you found this interesting.