NAB Executive Retail Banking Paul Carter said the investment comes at a time when access to cash remains important for many Australians, even as parts of the banking sector scale back or step away from providing cash services.
“While many Australians are using digital banking more often, cash still plays an important role for individuals, families and small businesses right across the country,” Mr Carter said.
“This investment is about protecting access to cash for those who need it and making sure ATMs are reliable, easy to use and located where customers actually rely on them.”
Mr Carter said the new ATMs are also designed to reduce the number of times customers arrive at an ATM only to find it out of service.
“Access to cash is only helpful if the ATM is actually working when customers need it,” Mr Carter said.