ACCC grants interim authorisation for banks, retailers, and Australia Post to financially support Armaguard, a cash-in-transit business, for 12 months.

The ACCC grants interim authorisation to ABA, banks and retailers, allowing them to financially support Armaguard, a cash-in-transit business, for up to 12 months. ANZ Bank, Commonwealth Bank, National Australia Bank, Westpac, Australia Post, Coles, Wesfarmers, and Woolworths have agreed to provide financial support. The support includes discussions on operational sustainability and efficiency measures.

July 03, 2024
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