Below is a list of CONS for a Republic that everyday people would lose and may not have considered.
Affecting day to day living:
1. Commonwealth Games participation
2. Dual Citizenship and longer visa options with commonwealth countries (Republic would provide no options)
3. Reciprocal health care
4. Reciprocal Driving Licences
4. Free health care options
5. Competition of rugby, cricket, tennis and soccer – healthy competition steeped in British culture
6. More Public holidays currently
Laws:
1. I think republic also gives less democracy to a country and opens up more opportunity for corruption.
2. Less powers to deal with corruption.
3. Look at America, it is very hard to update its constitutional commandments written over 200 years ago. Look at the “right to bare arms” law and NRA seem to have more influence in that area over the politicians then they should.
4. The fact the Supreme Court could randomly reverse the Abortion Law with antiquated ideas.
