3 October 2025
Deloitte Access Economics has now determined its recommended regulated pricing model for Armaguard’s Cash-in-Transit services.
The final independent pricing mechanism report has been provided to Armaguard as well as the major banks and major retailers.
This is an important milestone in working to keep cash available around Australia, even while people are using less of it.
The model will now require authorisation by the ACCC which would support the continued financial viability of cash distribution across the country, especially in regional and remote areas.
All parties have worked together in good faith to achieve this milestone and will continue to work together to ensure the ongoing sustainability of Cash-in-Transit services.
Latest news
This op-ed was originally published in the Australian Financial Review More rates pain denotes an even greater focus on the fight against inflation. Rightly so. As the Reserve Bank pulls harder on the monetary policy lever to reduce aggregate demand, a proper focus also falls on the role of all governments to do likewise through… Read more »
Banks welcome Treasurer Jim Chalmers’ release today of draft regulations to lift the cap on covered bond issuance, a practical step that would help small and mid-tier banks access cheaper, more stable funding. ABA CEO Simon Birmingham said these changes, including streamlined reporting for smaller banks, are a welcome part of the Government’s broader productivity… Read more »
Banks have welcomed Shadow Treasurer Tim Wilson’s call today for the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) to give more weight to economic growth in their decision making. ABA CEO Simon Birmingham said regulation that supports growth is key to lifting productivity across the economy. “Banks want to… Read more »