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Growth

Punter stakes $45,000 on no rate change

3 minute read
The Adviser

If a man from Sydney’s inner west has got it right the cash rate will remain at 3 per cent when the RBA meets again next week.

According to bookmaker Centrebet a man has bet $45,000, at a slim price of $1.12, on the cash rate remaining unchanged at next week’s monetary policy meeting.

The same punter came out $30,000 up last month after he bet $90,000 on a no change outcome across two bets at $1.45 and $1.28.


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