Is this the END of ATMs in Australia? Thousands of cash machines are removed across the country as banks go digital and fears of a cashless society grow
- Big four banks have removed thousands of ATMs in recent years
- Machines halved in five years from 13,814 in 2017 to 6412 in June 2022
- Aussies making far less ATM withdrawals and cash transactions
Thousands of ATMs have been removed from circulation as Australia moves towards a cashless society.
New figures show the number of convenient cash machines across the country have more than halved in five years from 13,814 in 2017 to 6412 in June 2022, according to the Australian Prudential Regulation Authority.
The number of bank branches has also been slashed from 5694 to 4014 during the same period…