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Linfox Armaguard says it has reached a deal with banks on Australian cash delivery

By James Panichi ( October 6, 2025, 04:57 GMT | Insight) -- Australian cash-delivery monopolist Linfox Armaguard appears close to winning its battle with Australian banks, saying it had reached a pricing deal that will require banks to continue to fund the company to distribute cash around the country. In a joint statement with the Australian Banking Association, Armaguard said Deloitte Access Economics, which had been tasked with finding a solution to the funding demands, had finalized a pricing mechanism for the provision of cash-in-transit services. Details of the agreement haven’t been made public.Linfox Armaguard appears close to winning its battle with Australian banks, with the cash-delivery monopolist saying it had reached a pricing deal that will require banks to continue to fund the company to distribute cash around the country....

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