Powered by MOMENTUM MEDIA
the adviser logo
Growth

Punter stakes $45,000 on no rate change

by Staff Reporter7 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.

default
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more