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No. Australia has gained complete independence from Britain. This was a long process, beginning with Federation, when the six states came together as one federated nation, under an Australian Prime Minister.

As a British Colony and later a British Dominion Australia gradually gained more and more autonomy. It did not achieve full independent Sovereignty until 3 March 1986, when the Australia Acts came into effect, terminating all British jurisdiction over Australia.

The fact that Australia still pledges allegiance to the Queen has little "official" significance. The Governor General is the Queen's representative in Australia, but is appointed at the discretion of the Prime Minister, who in turn is elected by the people of Australia.

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