What the Armaguard crisis tells us about the future of cash

Armaguard, the cash delivery business, is going broke. No one uses cash anymore so the nation's number one cash-in-transit business is losing money.

What does the collapse of Armaguard mean for Australia's cash flow? Most consumers use tap-and-go to pay for goods and services, and it means businesses like big supermarket chains simply don't have cash reserves like they used to.

In this episode of The Briefing, we investigate what the Armaguard crisis tells us about the future of cash, what Australia would look like if we go cash-less and what is the
future of cash in Australia?

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