New Zealand may fly a new flag

New Zealand is considering changing its flag, as many believe it is outdated and too similar to Australia's.

The flag also depicts Britain's Union Jack in the top left corner, hearkening back to a colonial past that many New Zealanders are eager to put behind them.

The public submitted more than 10,000 designs for a new flag, which a government-appointed panel has narrowed down to 40 finalists.