ATMS ditched by Westpac, ANZ, NAB and Commonwealth Bank as Australia moves to ... trends now
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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 as more and more Australians ditch in-person transactions for internet banking.
The Covid-19 pandemic has also contributed to Australians making far fewer ATM withdrawals and cash transactions in the last three years.
There are 2083 ATMs across NSW, compared to 4433 in 2017.
Victoria has also seen cash machines halved from 3382 to 1725 over the same period.
Thousand of ATMs have been removed across the country as Australians turn to online banking cashless transactions
Of the four major banks, Westpac had 1429 ATMs in 2020 compared to 3073 in
