The Reserve Bank of Australia says it’s committed to ensuring cash remains available to all but a recent suggestion from the ...
Major banks and supermarkets are warning the workplace umpire’s intervention into crisis talks to fund the cash-in-transit ...
The Australian Competition and Consumer Commission (ACCC) has provided interim authorisation for a $50 million bailout of transporter Armaguard from the country’s biggest banks and retailers. The ACCC ...
"Customers like the banks and retailers have had a direct impact on that through their unsustainable contracts with Armaguard." The Australian company is estimated to employ roughly 1,400 people, who ...
Australia's only secure cash transport company is teetering on the edge of collapse which, if it does fold, could spell a rapid acceleration towards a cashless society. Armaguard on Thursday ...
90 per cent of Australia’s cash-in-transit services are offered by Armaguard, which was the beneficiary of a $50 million lifeline handed out by major customers including Commonwealth Bank, NAB, ANZ, ...
Armaguard, which supported the supply chain laws when they were introduced, did not return repeated requests for comment. The Australian Banking Association declined to comment. Linfox board ...
No federal or state police are stationed at Avalon Airport, as the capture of a teen who allegedly brought a shotgun on-board ...
Keeping Armaguard in business looks like being a supremely costly exercise for the major banks and the other ‘funding parties’ that bailed the firm out nine months ago.
In a letter to customers, CBA CEO Matt Comyn reaffirmed the bank's commitment to hard currency despite the rising use of digital payments.
The Transport Workers Union (TWU) is concerned about a looming deadline for Australia's cash transport industry and what it will mean for hundreds of employees. Armaguard was given a 12-month ...