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?

Headlines:

Albanese demands meeting with Netanyahu over aid killings in Gaza

Channel Ten wins bid to reopen Bruce Lehrmann defamation trial

NASA investigating after chunk of metal from ISS rips through Florida home

Taylor Swift is listed on the billionaire rich list for the first time

Follow The Briefing:
Instagram: @thebriefingpodcast 
Facebook: TheBriefingNewsAU
Twitter: @TheBriefingAU

See omnystudio.com/listener for privacy information.