Money

Australia: Armourguard yet to accept or reject financial lifeline

17:42 pm on 28 March 2024

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In Australia, crisis talks on the future of cash deliveries to banks and supermarkets are going down to the wire.

The cash transit company Armourguard is yet to accept or reject a financial lifeline to protect the company from falling into insolvency and at least one big supermarket has taken measures to effectively ration cash.

Australia correspondent Peter Ryan speaks to Lisa Owen.