The introduction of ATM machines was a means to reduce bank overheads by cutting the number of branches needed to support their customers.
Thus the cost of maintaining and providing these machines was more than offset by the reduction in bank branches and staff
The $384 million that banks already receive annually from customers fees some by the way illegally is now compounded by the additional $1.00-2.00 charge for ATM usage.
Now working on say 10 million bank customers in Oz only 1/2 million may access a ATM daily thats $1million a day in additional fees.
Just another bank rip-off
