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It's an All Black outfit for CNBC anchor after losing Key bet

CNBC anchor Oriel Morrison has swallowed her national pride, donning an All Blacks rugby union kit and clutching an inflatable Kiwi on air after losing a highly-public bet with New Zealand Prime Minister John Key.

And Key enjoyed his victory, after the All Blacks thrashed Australia's Wallabies 41-13 on Saturday night in Auckland to retain the coveted Bledisloe Cup for the 13th straight year.

Speaking to Morrison on CNBC on Monday, Key joked: "There was a bit of light relief when I was there watching the boys thump Australia. It was a thumping, eh?"

Read MoreNZ PM Key ups the ante on All Blacks gamble

Admitting defeat, Morrison, a Singapore-based Aussie, conceded: "It was a thumping, I do have to agree with you. I was watching that game very closely."

The bet began on August 7 when, during an interview, Morrison challenged Key to wear an Australian rugby jersey if the Wallabies beat NZ in a Bledisoloe cup game in Sydney on August 8. The Aussies won and Key complied with a photograph of himself in a Wallabies jersey, albeit with the top largely hidden by a Singapore scarf in honor of the city-state's 50th birthday.

He then chose to double down, committing to wear not only an Australian jersey but also a hat and scarf if the All Blacks did not redeem themselves as expected at Eden Park, NZ's rugby union HQ, on Saturday.

Key did improve his own odds, however, with a mid-week text to All Blacks captain Richie McCaw, reminding McCaw that his PM looked a whole lot better in black.

As for Morrison, she said she still thought Key looked "particularly good in green and gold."