The Korea Herald

Cash transport company rejects $26 million financial lifeline

By ABC NEWS (Australia)

Published : March 28, 2024 - 17:41

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A cashless society was almost a reality this long weekend as money transport company Armaguard teetered on the edge of collapse. The company has refused a financial lifeline and says it can continue operations for now. But the resulting turmoil has exposed the trouble Australia faces if physical money suddenly stops moving around the country.