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A Decline In Cash Usage Hits Armaguard

If you’ve been near a shopping centre or a bank, there’s a high chance that you’ve seen an Armaguard vehicle, transporting cash to and from different businesses. However due to the decline in cash usage, the company has been in a bit of trouble.

Recently they accepted a $10 million package from its parent company Linfox, but it’s not enough to keep everything running while Australia closes more banks and ATM’s.

Fiona Bartholomaeus chats with Professor Steve Worthington from Swinburne University of Technology about the decline in cash usage.

 

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