Deloitte Access Economics has now determined its recommended regulated pricing model for Armaguard's Cash-in-Transit services.
The final independent pricing mechanism report has been provided to Armaguard as well as the major banks and major retailers.
This is an important milestone in working to keep cash available around Australia, even while people are using less of it.
The model will now require authorisation by the ACCC which would support the continued financial viability of cash distribution across the country, especially in regional and remote areas.
All parties have worked together in good faith to achieve this milestone and will continue to work together to ensure the ongoing sustainability of Cash-in-Transit services.
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.
