The official starting prices

Well our Crikey Liberal leadership indicator did not get it exactly right but at least it was pointing yesterday to the fact that Joe Hockey was not the shoo-in that most pundits were predicting. As I wrote in these snippets: "At midday today he [Joe Hockey] was $1.35 at Centrebet, which would be stealing money if you believed the almost unanimous predictions by the press gallery pundits that Malcolm Turnbull will be ousted at tomorrow’s party meeting. Clearly some people still have their doubts about what will happen and I am in that category." The betting at Centrebet ended up with Hockey paying $1.28, Tony Abbott $4.35 and Malcolm Turnbull $5.

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