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New Zealand to hold 2016 referendum on scrapping union jack national flag

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New Zealand will hold a binding referendum in 2016 on changing the national flag, with the prime minister, John Key, hoping to drop the British union jack design in favour of a silver fern.

Key announced a schedule on Wednesday for New Zealanders to vote on the contentious issue, saying it was time for the former British colony to adopt a flag that was more recognisably Kiwi after more than a century with the existing banner.

“Our flag is the most important symbol of our national identity and I believe that this is the right time for New Zealanders to consider changing the design to one that better reflects our status as a modern, independent nation,” he said.

Key has previously said he would like to see a new flag featuring a silver fern on a black background, similar to the banner already used by many New Zealand teams such as the All Blacks national rugby union side, Guardian informs.