Australia’s big four banks say they noticed an unprecedented amount of $300 cash withdrawals from ATM’s in the inner Melbourne suburb of Richmond last night.
“There was a flurry of withdrawals around 9.45pm,” says Westpac’s Jane Hilder. “It all seemed to happen in the hour or so after Richmond won the AFL Grand Final.”
The Banking Association says 71% of cash withdrawals between 9.45pm and 10.30pm were for exactly $300.
“Despite Melbourne’s strict lockdown measures, many of our ATM machines ran out of cash,” says ANZ’s Michael Henry.
Last night Richmond defeated Geelong 81 – 50, to give the Tigers a third premiership in four years.
The influx of cash withdrawals coincides with several cocaine related arrests last night, but Victorian Police say they’re cautious about drawing any links between the two trends.